Projected acquisition of a property for $40,000, with $30,000 in rehab costs, leading to rents of $1,400-$1,500 per unit and a sale price of $140,000.
"if this isn't a good neighborhood, right? And I can pick this up for let's say 40, right? And then we put another 30 into it. That puts us in 70, close to 80 of the outside and everything, right? We could get rents up into the 14,500s and then we sell it for a buck 40."
