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Hi Sunstone & Asy, thanks for your replies. I've done a bit of searching on the web and found that the average rentals for houses in this area is about $170, whereas this is advertised at $240, so methinks that the rent has been inflated there. Even at $170 this may not be such as bad...

Yes Ma'am ! :)

Hi Everybody... Get ready to pick holes in this deal.. :) I've found a property on the web that has the following features: Guaranteed rental return of 11% for the first 6 months, large block of land zoned Res B, with a new block of units just built over the road. There are 2...