If you only had $20 dollars in your pocket and had not eaten in 2 days, I would advise you to buy and listen to Grant Cardone's audiobook "The Rule of 10X", instead of wasting your money on food.  

General Rule of thumb to use for SFR, but can be a quick guide for what you're looking at..1% for A neighborhoods1.25% for B Neighborhoods1.5-2% for C Neighborhoods2+% for D Neighborhoods.Not sure of the exact location, but I would venture to say you're probably in the C range in Madison and the way she is charging tenants/ vacancies.As-is with vacancies I would estimate $390,000.Completely Occupied / No major deferred maintenance $590,000.I'm curious to see other peoples thoughts on this too..

That one gives me $100/unit/month profit after the 50/50 rule. 

Hello All,I am new to the forums, so please don't attack me if I'm asking the stupidest questions. I have been reading Brandon T.'s book on "Investing... No Money Down" but I haven't yet networked enough I think and I...

Have not seen it in person.4 Bed/ 2 Bath - Single Family 2 story HomeBank Asking: $90,000ARV: I came up with an ARV of $222,000, but I put it as $180,000 in the Calculator, I am being very conservative.70% Rule: $180,000x0.7 = $126,000Repairs: $40,000Purchase Price: $86,000Holding Cost Per Month: $735.33Closing Cost: $3,000Total Days Held: 120 DaysTotal Projected Pre-Tax Profit = $36,000.55ROI = 56.83%Total Cost of Project = $129,000Total Monthly Expenses = $735.33 (Includes Mortgage Payment)Down Payment = 20% = $17,000 @ a 3.8 Interest Rate for 30 yrs.This is what I have, not sure if you need anything else.

:)thx all of you who've helped give your time and advice. what i realize now is just how hot our market is here in asheville, which makes finding anything that even comes close to passing the 2% rule very difficult, or just about impossible unless i can find a truly motivated seller. i've noticed on zillow that country records will state when a home is in default. i'm sure there's a lag time there. is there a way to get this information faster?

You should be able to find something in the 1.3-1.5% rent/price rule range. 

I am not overly familiar with your state of Arkansas but you can look to the state Safe Act and the federal Safe Act for the rules governing your activities.Financing a property you own can qualify for exemption to the license.  

I charge 5-7500 for this in the summer.NOW-HERE IS A RULE OF THUMB FOR ALL----------HVAC systems are like your cars,  (heat pumps) given care, most will last 10 yrs.they start to die at 15 yrs.

The rules are Agency slanted!