.🔹 Step 1: Deal Structure (as I understand it)Purchase price (effectively):$10,000 down + ($1,600 × 30 mo = $48,000) + ($200 × 60 mo = $12,000) = $70,000 totalMonthly outflow (including taxes + utilities): ≈$2,050–$2,200Current rent roll: $550 + $475 + $400 + $300 = $1,725/monthValue estimate: $60k–$70k per CMA (pending confirmation)🔹 Step 2: Current Operating SnapshotGross Rent = $1,725/month = $20,700/yearExpenses (per seller estimate) = $2,050–$2,200/month = $24,600–$26,400/yearNet Operating Income (NOI) = –$3,900 to –$5,700 per year (negative cash flow today).So as-is, you’d be losing money each month.🔹 Step 3: Upside Potential — Raising RentsRents are well under market (you said).

If we upgrade to PB Pro, does that include a Stessa Pro membership? 

We are finishing up the rehab and are about to rent it out.

It’s a smart way to earn a solid return from real estate without the headaches of property ownership or flipping yourself.You might also consider joining the California Mortgage Association, which is comprised of private lenders of all shapes and sizes, as well as a variety of service providers, including lending lawyers, servicers, insurance brokers, accountants, and others.

Vacancy rates including turnover/repair needed times are high.

The timeline needs to be included - if you are carrying the property, overages can cost you dearly and how will the carrying costs factor into the profits. 

I've closed hundreds of short sales, including several in probate, and I have never seen this to be an allowed fee.

@Chuck Ward First, thanks for including so much detail.

Most have been maintained, but you’ll often run into outdated systems or finishes along the way so just something to factor into your numbers.

Purchase price: $500,000 Cash invested: $2,500,000 These brand-new single-family homes feature open layouts, high-end finishes, and plenty of natural light.