Buying First Rental Property Any Formula?
Hello everyone and Happy Thanksgiving it seems to have been quite awhile since I was on Biggerpockets. But my question is I have been trying to put together this deal on a 2/1 in Kansas City my plan is to do the minor repairs the home needs myself while living in the home and then renting it out. The owner will carry the financing. I was just wondering is there a formula anyone uses to evaluate possible Income producing propertys,...Any help would be great! Happy Thanksgiving ! :D