Essentially take your percent and replace UPB with RE Value to come back to the realistic pricing.

To remove the lead paint we just removed the door, frame, etc. and replace with new.

What these markets all have in common is that they are highly desirable with blue chip status, have almost no new land (except infill/replacement development), and have a global client base.SF has had an annualized growth rate of about 4.5% over the last 30 years or so; rest of the country I believe 1.5-2%, many areas even less.

I think it could increase to 1400-1500 easily.Vacancy: (117)Gross: 1183__Mortgage: (350) 10% Down, 73395 @ 4.5%Property Taxes: (83)Insurance: (133)Maintenance & Replacement: (166)Property Manager: (118)Admin/Legal: (15)Expenses: (865)__Total Cash Flow: 308/MonthFor my first post here, is this a good deal?

If the water is off and the property vacant for some time, automatically figure on replacing the hot water heater and repairing or replacing bathroom, kitchen and outdoor faucets.

I replaced an A/C system that was working though older, but had begun to freeze up fairly regularly on most hot days.

On your home computer strip the www. and replace it with m.

If you have to replace all them to get it rented it would break just above even for the first several years to recoup this expense.

So that might need to be replaced.

The reason there is no lead issues here is because almost all the drywalls and doors were replaced 10 years ago.