You are saying that $200 net of operating and morgage costs is what you run into a lot?

If your whole sale runs you a extra 10K are you financially OK with that?

The most important thing to look at is the historical operation of the property, then factor in the expense ratios or nearby properties, consider the differed maintenance, age of building, class of building and other operational expenses you may add or subtract to optimize NOI

When I click on "obtain contact info" it links to a site asking if I wanna run a background check.

Their terms are different but I run the numbers using the best one.

Account ClosedI guess I am in a higher demand area as I usually get several qualified applicants (or I am not setting my rent as high as it could be).I recommend you get feedback from others on this as well as run it by a lawyer familiar with the Landlord laws in your state.

I haven't seen the house in about 2 years so it's not like I'm running down there dealing with stuff myself but ultimately I don't have it under true "property management"I owe about 29K on the mortgage and about 13K on a HELOC that I used to purchase another property a year and a half ago. 

@Jill Drebing Do you mind if I run these numbers past my underwriters and see if they think it is doable?

It's probably a toilet that is constantly flushing and/or running.

With commercial land brokers commission agreements typically run about 8 to 10% total depending on the project size.