Hi all - does anyone use cash-flow after income tax to evaluate the attractiveness of a property? 

But tenants in the countryside can be harder to find, so I'd want to see the rent rolls going back as far as possible, to be assured that this particular rural property has no trouble attracting tenants.I also applaud -- and would like to learn from -- your willingness to invest at a distance.

Don't take it personally second, momentum does seem to matter, posts that aren't commented on go away while posts with traction attract more responses.

I am not attracted to that idea because of the variance in the cost of the utility bills.  

I'm past that stage so it isn't as attractive to me.

-electrical, plumbing updated, re-insulated-Central locationThe cons:-low income/disability tenants (however have been there for years and seems rent is steady)-the house was built in the early 1900’sWith a purchase price of $330k - the cash on cash returns look great, I do think it’s undervalued if going off cap rate as most multi is in the 5-6 cap range.The hard part for me is getting my head wrapped around that old of a building and the tenant profile - usually I focus on Reno’s and attracting high quality tenants....with everyone on here I’m sure some of you can shed some light on your experiences and any advice?

We really made this one look extremely attractive and even fixed up an un-permitted unit in the back, added new HVAC, reinforced foundation, added a new roof, windows & more What was the outcome?

We staged staged this home and made it aesthetically attractive to the eye.

Chances are a slip and fall will cost less then 2 million - even if a judge finds you at fault (remember, your property is up to code, you have handrails at the stairs, you have a snow/ice service etc) Also, you are leveraged, so you don't have a whole lot of equity/net worth to come after, which makes it less attractive for an attorney to take on a lot of work, for maybe a little payday.If all that is not enough, set up an LLC - it acts like a firewall if done correctly and contains the financial damage within the entity.The other way round, here is what NOT to do: own a 3 million dollar appartment building free and clear so it's pure equity to go after, in run down condition, with burnt out lights and broken handrails on an icy winter day and nobody comes to salt, next you forget to pay your insurance and of course you don't have an umbrella policy.

The difference I've found to be most attractive is leveraging myself, and instead of making a deposit and waiting, I can actively analyze, rehab, and interact with people in order to improve or change the outcomes of investments.