Since being on here I quickly realized how there is such a vast difference in the feeling in the air I get in Bigger Pockets compared to other groups (some groups in FB, in which I intend to leave the group due to not getting any real sense of value, but more like a bunch of vultures wanting to make easy money by preying on (ex: Joint Ventures) with the newbies).

if you intend to close these and keep as rentals.. its just like buying any other rental property.. cap ex should be calm the first 10 years... and houses should rent easily.

But, he didn't have alot of information on the major cap ex info like roof age, HVAC, etc.

So on the lease it includes her and her now ex husband.

Your $200/m per door can be eaten up pretty quickly on one-two cap ex projects.  

Ex: i have $10k and you have $0....well we will still split everything 50/50 but i earn like 5% ROI for any cash i put into the deal.....

Your 6% each on vacancy, repairs, cap ex looks a little low.  

@David Ribardo and @Joe C jump in with any edits/comments you might have Purchase Price $149,900 (50K a door rule looks good) Three units total gross/month 2239 (1% rule looks good) Fixed expenses: Taxes 2517, Trash 1125 (375/unit in Allentown unless private collection deal previously arranged) Insurance: 703 Common Electric: 519Water/Sewer: 802Allentown Fee: 225 (75/unit/year) Variable Expenses:  Vacancy: 2239 (One months rent of each place, or 8.3%) Management: 1800 (50/door/month) CapEx/Maintenance: 3000 (1000/door) Total Operating Expenses: $12,930 Total Gross Income: $26,868Net Operating Income: Op Ex - Gross = $13,938 Divide your NOI by the cap rate your looking for and you have your offer price.

On the county website, her ex-husbands name still appears. 

Any feedback will be great.3 plex:Location is in Port Orange, Floridaits a single family 2/1 with a duplex in the back that has a 1/1 and a efficiency unit. 2/1: $8501/1: $600Eff: $435Total= $1,885/ month Income $22,620/ year (assuming everything runs smooth) List price is $169,000 but may be some wiggle room for about $155-160k.Expenses are claiming 25% annuallyInsurance= $1,500Water= $2,400Tax= $1700total= $5,600However thats not even including management, maintenance & repairs, or cap ex.