They will need less rehab and cause you less stress.2) In addition to learning the average rents for similar homes in the area it's important to know the DOM (days on market) to get that rent.

Of course I was hoping to need less but this is why I asked for realistic.

The seller is paying the 4% in this deal, which needless to say is worked into the asking price.

So needless to say ill text him next month and see if thats changed.Anyway off to my 9-5 !

Khouri,My two cents only:One of the reasons to buy SFR's instead of multi's is that they sometimes need less management, since the tenants view them as a home instead of as a stopover.

Needless to say, I guess now I'm being honest enough with myself to learn more about it!

Needless to say, I wasn't just out of a loan, I was out $700+ on an appraisal and a LOT of wasted time.

Other than one 3-bdrm unit that is my bane {though I did receive two applications for it this weekend} all of our units are regularly shown while still occupied and rented before they become vacant.This spring we even had a 'student' house in which we will be renovating the basement this summer to add a second bathroom and two more bedrooms leased-up for September on spec :-) ... needless to say I've offered a nice carrot to my contractor to finish early and under/on budget ... and included a sizeable stick if they run over and I have to put-up my tenants elsewhere.

The marketing at this location next to the big box will work on its own; I would need less sales team out in the field finding/selling jobs dropping my commissions cost.

Needless to say, this can be intense and expensive to accommodate a sale.There is no justifiable reason in the post to sell the company opposed to just sell the real property.