Also, there's a Realtor named Bill Gross with EXP Realty in LA who is an expert in the probate space.

Sheffield, Great Barrington, Lenox and Stockbridge in Massachusetts and Stowe, Morrisville, Manchester Center, Woodstock and White River Junction in Vermont all have $3079 - $4098 monthly average short term revenue (not gross) with 45% - 73% occupancy all depending on which town.

It is a 5bd 5.5 bath townhouse with a private pool and we are turning about $68k a year gross at 65% occupancy. 

If there is damage done, again from 1 tenant/year, you'd have grossed $6,000 from move-in fees.

I am interested in hearing what others are are able to realize for Net Income as a % of your gross revenue on rental properties.

At that price range you could get something that grosses over 100k and would have massive cashflow to reinvest.

I live in a rural area and this would not phase many of the tenants that I have, but it probably would also not be my highest grossing property. 

I can get better CoC/cash flow there but it also requires more money up front with having to put 25% down on investment properties - I currently have one duplex in Milwaukee. 2) Buy a much more expensive 4 unit (700-750k) with an FHA in Chicago, cash flow around $150-200/door once I move out BUT get far more principle pay down , gross rent and appreciation.

They can buy it and refinance using the rent as income..But, in your case, pre-COVID-19 there were loan based off of your gross income for people in your situation.

When the rehab is complete I will be able to get $1650/mo gross and $180k ARV.Given the amount of work needed, I am going to offer $65k, 20% down, $1k earnest money.