I am currently selling a 16-unit apartment complex, the first one to sell since 1998 when this buyer bought this one!

Figure out market rents, deduct expenses to determine NOI, deduct cashflow you want, plug remainder into mortgage calc at current interest rate, then add lender's required down payment.That is how much you offer!

Outcome currently is a rented basement for $1,350 a month + $130 in utilities while I live in the upstairs unit.

I will give you my numbers since we are 3 years into Velocity Banking.Home was purchased at $410k.Interest rate: 3.125%30 year termMortgage payment is around $1950 (includes insurance and property tax)HELOC: 8.25% Variable rate - current rateCredit Limit: $97kLet's say I made $10k a month and our expenses were $6k each month including the mortgage.

Are you currently in the STR or LTR space / are you looking to expand into one or the other as you grow your portfolio? 

Currently, I am self managing all the operations.

They see a renewal of the current business tax rates, regulation and permitting rules getting slashed, tax code being simplified, and federal deficits on a one-way ticket down the elevator (which are a longterm drag on economic productivity).Just look at the growth in tax code complexity over the last 20 years.

I am from California, but lived in Peachtree City, Georgia last year (renting), and currently live in Germany as an Au Pair.

So, I talked to the current tenant got her bills (I knew how much they would be roughly since I had a rental up the street I was remodeling to get on the market).

In fact, given current boom in Stock market, one is way better off investing there.