I would say do an analysis and see what your pre-tax cashflow, after-tax cashflow, after-tax + loan pay down and Total Return (after-tax + loan pay down + appreciation) are as both numbers and percentages.

I'd say that a large percentage of the passive investors that I know are in your exact situation--they have capital to invest, but don't have the time to chase property and actively manage the process.

Yeah, look the percentage of houses offered currently as a short sale in your local mls....it’s probably 5% of what it was 7-8 years ago. 

This will not only bring up possible deals for you to take down, but also give you the opportunity to raise capital for another syndicator's deal which could be a great opportunity for you since you don't have a deal currently and could get a percentage of the GP stake for bringing capital to the deal.

It's easy and requires no knowledge to get started, and therefore will likely have a lower expected payout than other investments. 

There are various different guidelines on this, but basically they will take a percentage of the value of the account and divide it by a certain amount of months and that is the amount shown for income on the application.

Make sure it's a good percentage.

The seller is in a pinch and wants to sell ASAP and has lowered the price because of this so I would be stuck evicting the current tenants.I am using a HELOC to finance this deal, but the longer I go without financing, the more I’d have to pay out of pocket to repay the HELOC on top of likely missed rent for the occupied unit.Has anybody had experience taking on existing tenants and evicting them?

What percentage of the total electric bill is offset by the system?

So me and my partner came up with a comfortable range percentage (15%-18%) depending of the individual circumstances of acquiring the property. if the spread is 183k....why would taking 32k be "unrealistic"?