Explain your decision

Fictional practice: Take what you learned into your next deal.

• At $260,000, the main estimate leaves $177.66 a month. At $260,000 the setback test (rent $2,400, 10% empty) leaves −$29.34 a month, better than −$228.93 at the asking price.
• Your first pass or revise decision stays in your workbook.
• Finishing the practice doesn’t certify that you’re ready to buy.

For a real property, start a fresh research plan. Practice answers don’t settle the open questions about a real property.