Gross revenue- expenses= net (profit).

I do not mind paying for a level of assistance but I see using a full time manager limiting my chances for a profitable property. 

I do not mind paying for a level of assistance but I see using a full time manager limiting my chances for a profitable property. 

One of which is listed at $625.We can rent at $750 like the one next door and will bring home a profit of $325 after expenses.

Very profitable

For multi-families what do you consider a healthy profit after paying mortgage etc.

Non for profits?

@Jeff Mills the basic problem with rents in that range: $450, is that variable expenses quickly eat up any profit.

Brandon & Heather Turner's The Book on Managing Rental Properties: A Proven System for Finding, Screening, and Managing Tenants With Fewer Headaches and Maximum Profit would be a great start.

So the question is this... what typically does a rehabber look for in terms of relating cost of repair to profit. this house is 50k profit... just so I know what to sell the house for and stop wasting peoples time.