There is allot to consider including appreciation, which I have done pretty well on this home.

Amenities in West Hill include a well stocked village shop with a post office, a garage and a hairdressers, with many further facilities in the town of Ottery St.

You have got to get the right team, including excellent property management.Doing BRRR is a whole lot more involved, and you have to be ready to assume a whole lot more risk than turnkey.  

Rent: $21540Annual repairs (not including the rehab costs for the units): $1000Garbage, water, sewer: $1860Insurance: $780Property taxes: $2880Management: $1720$50k down, 4.5% interest rate

Auctioned properties seem to be funny things and not everyone does title for them.Then I sat on my hands for a month, paid for the property with cash (money came from various sources, including savings), and then tried to clean up the property.Then I gave up on cleaning it myself and looked to have someone else clean it.

If it IS a separate bill in your area then yes, definitely include it as an expense, and the 'other expense' category would be a good place.You want to include ANY expense you might incur - I was watching a webinar last week from the archives and it was interesting how a couple things that I dont deal with; flood insurance, garage & water/sewer (tenants pay in my area) completely changed one of Brandon's deals he was looking at from pretty good to just break even. 

I would be getting an additional $3000 if I stay for another semester of college in spring, not including any additional income i may get from saving with a part time job.

An 8% cap rate according to a seller is rarely a TRUE 8% cap rate, because numbers are padded or not included 100% of the time.

Have the lawyer send her notice to terminate her actions immediately.Be prepared for any contingency including her moving out on you.

It depends on a number of factors including what your expense basis for the land, what type of homes are around it, quality of area/neighborhood etc.