Purchase was made at a trustee’s sale in January 2012 for $66,000. An additional $350 was paid towards overdue HOA fees.

Investors spent an additional $1,000 in painting, cleaning and remodeling. Investors were able to get the property rented within 1 month of purchase.

Investors rented the home for $1,095 per month beginning in March 2012. After operating expenses and management fees, investors yield approximately $900 per month.