Pricing is so good that profit is easily gained.

Easily 300-400 a year.

We are going to have all expense run through my account and for tax reasons we are not paying Young Construction cause that means he would have to pay in to the government for his employees, etc...We will put $13k (if we had to pay contractors, etc. to do the work it would be about $25k in work) into the house and list it for $42,500 - our Real Estate Agent said it will sell easily for $39k or $40k.

I can sell my metals m-f easily, anytime I want.

This year I can say that I could quite easily live off the cash flow from the properties, I own.

It could be as simple as a broken drain line that can be easily fixed once you have access.

And yes a computer literate tenant can easily go on line in many counties and find out who owns the property how much they paid and what the taxes are.

reasons: a. best entry- you see the 'big and pretty' space as soon as you open the front door- possibly through to the back yard b. separate master from other bedroomsc. widest great room- appears more spaciousd. mstr, 2, & 3 bedroom are flexible as where to put windowe. bd 4 has three different places to put the door, depending how you want to emphasis it as bed or office/denf. bath 2 is most easily accessible to main living area*worst thing is master entry through dining- no way- entry must be through nook- so juggle around the laundry and wic2# is not acceptable3# is ok but not as good as 1#- entry to hall, master next to other bed, great room skinnier, bd 2 & 3 only one side window choiceSpeaking as a 'housewife' instead of an investor- I would buy 1# 10 times out of 10- even if it had the master entry through the dining.

If you did that then you could very easily see who was using what water, and if you decided to for future tenants then bump the rent $40 and just pay it.

Thank you all for the feedback. 2 questions:1) With respect to the $100 per door rule of thumb, it helps to know but this number can be easily manipulated by adjusting the down payment.