or are there better options.Also PSE is giving out free refridgerators and washers if your unit is older than 1990 and is in working condition.

I just got a fridge and a washer for my rental unit, not sure why they will not do a dryer.Thanks Inder

It was her first time renting.

We also bought a little old lady house that smelled of mold (washer leak) pet urine and smoke.

Strategies going forward:- increase rents on small units,- charge more money for the garage, right now I let the tenant have it for $50/month, I think I could be getting $100-$125/month,- buy coin operated washer and dryer for additional income,- possibility of renovating the basement in to a little studio apartment and get a 4th tenant,- refi within 3-5 years and get rid of the monthly PMI.

4 plex right off busy intersection and <1/4 mile from interstate ramp.2bd/1bth 2bd/1bth 3bd/2bth 1bd/1bth4 Parking spaces (2 covered) + 4 street parking spotsPurchase Price 325K; 25% ($81,250) down conventional 30yrMonthly Mortgage Payment = ~$,1250-----INCOMEFully occupied, rents are $2825 combined.There is a shared washer/dryer room, listing claims ~$250 income a monthTotal Income w/ 5% vacancy factor = ~$2,900/ month-----EXPENSESProperty tax + Insurance + Water + Trash + Electricity for common areas + Landscaping + $200 Miscellaneous Repairs/Expenses = ~$1,000/ month+ mortgage payment = $2,250-----Yes I know, price is very high.

Have no idea of that monthly/yearly cost.Tenants pay electric.Building has been updated in the past 10 years, also has coin washer and dryer in basement.What do you guys think this is worth based solely on the numbers?

I have been cautioned to avoid washer/dryer in building due to water bill increase.

The roof was redone in 2009 and the seller have agreed to leave all appliances except the washer and dryer.

I would like to add an in-unit washer/dryer and central A/C (I'm not sure how much it would cost for both of these + installation and did not factor this into the calculations).In addition it would be ideal to have seller financing because I could not make a 20% downpayment, I would save on closing costs, and perhaps it would make acquiring my next property easier because it wouldn't show up on my credit report?