ROI on this project will take the cash flows you earn and add the equity increase in your property.

There the strategy is to get basic houses out near the big industrial plants and rent them. 

You can meet on the project every morning or after which is what you need to do on your first few deals. 

Not saying the deal is bad, maybe the guy doesn't want to, or can't finish the project (sometimes these are the best deals). 

If you are looking to invest in Allentown based on appreciation from economic development, might want to look into the waterfront project area.http://www.mcall.com/news/local/allentown/mc-biz-n...https://thewaterfront.com

I have been doing it for 4 years now, it is not a great source of income, more work, some of them are demanding, but better than having a vacancy.If you are not responsive, you might have vacancy.I basically charge little higher and make them pay one rent everything included.Provide everything except cable.

Not sure if I calculated the ROI correctly, basically to what i would net in rental income in a year and divided it by my outnof pocket costs which was around 110k.

basically i trust this guy to do a good job. 

Somebody filled out our pre-screening questionnaire and if they answered honestly they meet the basic qualifications but we feel like it would be a lot of people for a small house.

That would allow you to basically do a BRRR in BP vernacular.