For anyone interested in understanding the basics of evaluating the profitability of a rental property, I've created this video of "The 50% Rule" -- while this rule of thumb won't tell you for certain if a property is a good deal or not, it will give you a basic idea of whether the property should be analyzed and evaluated more closely...
http://www.123flip.com/wp-content/uploads/Test/50RuleFinal.html
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