Regardless of what anyone thinks, does this opportunity fit your investing criteria @Bobby Larsen ?
The numbers sound good to me. What are the actual taxes and insurance per month - I only ask because I'm purchasing a 130k duplex with right around 20% down, but my payment is around 840/mo for PITI. You are buying a cheaper property with more down, I just assume your costs for PITI would be lower than mine. My insurance is around 800/yr and taxes are 2800/yr with 4.25% on a 30yr loan.
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