Located inside the gated Diamond Bar tennis club community this prestigious 2 bed 2 bath second story Apartment town home with detached 1 car garage and 1 car port parking will leave you looking no further.

However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for.

If one has high living expenses, cash flow doesn't mean much and I definitely understand going for appreciation first.

Its expensive, but we have used this since 2009!

@David Lewis:-) I advise most of our members to read "Acres of Diamonds" then let's have a discussion, if you want?

Might be a diamond on the rough if you can fix it up and then long-term rent.

Hey there BiggerPockets members, 
I'm an upcoming agent practicing running numbers on different duplexes and investment properties I'm seeing on the market, here to share another report I'm working on for feedback. T...

@Charlie Green Sounds like you have a knack for finding the diamonds in the rough (I have a similar client in KC).

@Jason Dubon I use a percentage of the rental income to prepare for expenses.

I am subletting a property that I am planning on purchasing the set up where instead of any type of security deposit I am re-having the property which is necessary before I rent it out.I will have about $20,000 in expenses all before I purchased the property.