I don't think your finance numbers are anywhere in the ball park. unless its owner carry.. also keep in mind low end rentals like these will be work to keep maintained and running smooth.. markets price for risk.. low price higher risk.. just a fact of life in the mid west deep south.

Ours was a very old building circa 1920's higher than the street so the old pipe depth was not that deep.

Nestled on a huge lot w/ deep driveway,this showstopper will dazzle you w/ delight from the moment you step inside!

In the basement the inspector didn’t see any red flags.

If you are buying the property at a deep discount and you are benefiting personally from the discount, they don't also want to pay you a commission.

It can be difficult to find the information and may be two or three layers deep in the site.

Red P/U crushed and upside down in center land with 3 firetrucks blocking all lanes.

Just like Jim, I am a total RED flag on these guys.I spent 6 months working on a refinance of a portfolio of 13 single family houses and 2 4 plexes.

Some goals that I have set for myself are:*Become an avid member in local REIA groups*Start a real estate investing company in the next 3-4 months *Get my first wholesale deal in the next 4-6 months*Build long-lasting relationships through real estate investing I have a deep passion for building relationships and I'm hoping to establish some great ones here wth the BP community!!

So you need to do a deep analysis of multiple metrics to see what makes sense.