I'll save you the details but...Per door cost: $63,300All in Cost: 700kTotal Revenue: 137k(ish) annuallyNOI: 65-73% (in the expenses we included: insurance, taxes, $75/month per door repair expense, management fee 8%, grass cutting, & a misc fund for random crap business license, etc.)Now...

I highly suspect you folks have never ever been through any kind of civil business litigation and have no clue how expensive and time consuming it can be..

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

It cost him a few hundred bucks, but she was happy, and more importantly, he didn’t have to deal with an expensive lawsuit or bad online reviews.Here’s what I’d recomend doing:Check Your Legal Standing: Since the fence isn’t in her lease and not part of the surveyed property, you’re probably in the clear to remove it.

Quote from @Ricardo Lemus: For a newer investor, a good investment is a property that pays for all expenses with some cash left over.

Cut out expensive stuff you do not need but just want.Try to get that monthly amount needed to survive to a nominal amount.3.

So my limited experience with a new build did not yield cap ex expenses with what you are proposing. 

Don't go for the cheapest (unless the price is lower because it is on sale), but also don't go for the most expensive. 

The idea is to use this property as an office space, giving me the separation I need from home while providing a place for my assistant to work where I can be more hands-on with them.The business would pay rent for the property, which would cover its expenses.

The cost is really expensive for QBO.