Address: 8177 Garfield Ave Hunington Beach, CA 92646IF i were to buy this for 2,300,000Cap rate: 4.56Bed/ Bath: 1/1 x 8 UnitsRent: 2000 x 8 Expenses: Property Management Fees - 1000Repairs/ Maintenance - 319.14Real Estate Taxes - 2875Rental Property Insurance - 766.67Vacancy Costs - 1333.33Capital Expenditures - 960 Total monthly expenses: 7254.44Financing: Down Payment: 20% - 460000Loan Amount: 1,840000 @ 5% interest rateClosing costs: 69,000PI/Mortgage: 9877.52Cash invested: 529000Total Monthly Cashflow: -1311 = 16,000-7254-9877.52ROI: -2.57%The point of this excersise is for me to recognize bad deals.

3) Any halfway decent contractor is going to recognize that you are an investor and realize that you are leveraged to your throat in debt.

Recognizing I'd need to make a few strategic moves to get there.

You can end up looking at 100 properties and still not be able to recognize a good deal if you don't know what you are looking for.

I recognize that you are putting a lot ($50k) into reno and repair immediately, so that should buy you some time.

At least she recognizes she owes you.  

I understand multifamily will be hard to come by but also recognize the many pros they provide as rentals (and in my case a sort-of house hack).

First of all, hey I recognize those tigers in your profile pic!

Of course you have to remember that PA does not recognize 1031 at the state level. 

One of the two stabbed someone at a gas station - I recognized them from the news article (they had security footage), and they've been turned in to the police (the police have all their info, but haven't acted on it yet).