And, depending on your water source, a well permit and quarterly testing for the Brevard Health Department.All the permits total around $500/year.I own several units in the Melbourne Beach/Space Coast area so I'm familiar with the local laws if you need some more info. 

Put the quarter you bought your house in 1995 and 100k as purchase price.

Make sure they have to give updated business and personal financials once  a quarter or at least semi-annually to annually.

P and I would be under $700 and other side is a 1700 sq ft 3 bed 2 bath with a quarter acre fenced yard that should rent for $1100-1200

I'm hosting our quarterly investor luncheon on August 10th at Big Spring Country Club.

On May 15th the taxes were actually due for this quarter. 

I expected a quarter of the repairs when I went into this deal.

You need to pay SSMED for 10 years or 40 quarters to be eligible. 

One actually tore a quarter-sized hole out of the vinyl.

The 2018 second quarter RealtyRates Investor survey says that apartment cap rates are on average between 4.9-13.8 nationwide depending on LTV, but the survey is not limited to recent acquisitions and I assume that those that participate in the survey know what they are doing .So this bring me back to my question: for those who are actually set up to responsibly invest but don't have the experience or network to hit the 15% CoC returns in today's market where the pros are also claiming good deal are hard to come by, is shooting for the 5 cap cash purchase on their first deal to learn the ropes a crazy idea?