I just got back from Upstate NY this weekend and saw so many cool and fun fixer-uppers project buildings.

I currently use Stessa for that, bit would be cool to have it all in one place!

I I'm kind of shocked that they came back with the resolution of charging me to transfer when they could easily move me and then avoid eviction if that was their basis for evicting these people.I want to respond once I've cooled down a bit.

Best to cover water and electricity)-------------------------= $2,000.00 - ExpensesNow, a lot of people on here will grill me for not including cap ex and setting aside repairs...but this is about getting you an income to help your investing down the line. $3,400.00 - Total Income on the Property- $2,000.00 - Expenses------------------------$1,400.00 - Net Income (Also, 14% Cash on Cash ROI which is pretty good) Now, what you should do is take the money being generated by the property and use a good majority of it to pay yourself a distribution or a salary (again, check with CPA).

Would it be good to rent for a year and let the market cool off, then buy?

the properties im looking at are on hawaii, which is our end goal, but its so inflated right now. hoping more inventory comes on the market within the year to cool it a bit.i feel like ill never see worthwhile properties come up on the MLS. such is a sellers market i suppose.id like to do stuff around here (reno tahoe) but its at such a level that i cant get into condos. trailers are $200K here 

Be sure to checking heating and cooling systems as well.

The first thing he says is "Hey Nancy can you make me a grilled cheese sandwich?

I wish the market was going to cool long enough for a few great deals but it might be a long time, maybe never.My suggestion is decided what your willing and able to offer; and just keep going until it works out.

@Gemma Collins cool - one area to focus on then will be your process for listing your rental, accepting applications, and screening applicants.