Needless to say don't use it until the garage door is re calibrated with the sensor. 

To get PDFs converted and placed on your kindle-- (As per @Chris Ellis)Download Calibre!

I so very much want to put an offer on the property and I've estimated some costs, but would like to get some calibration from other landlords/homeowners.The owner pays:Heating for 2 units (a 2 BR/3 BR) - I estimate this to be $1200 per year ($600 for each unit)Common electric - Assuming $600 per year ($50 per month)Water - Assuming $1800 per year ($150 per month for both units)Sewer-  Assuming a flat charge, but unsure, assuming $600 per year for the propertyGarbage - Not sure if there is a garbage cost in NJ, but assuming $500 per year for the propertyI have other expenses already lined up, e.g.

Depending on the zip codes you're looking at, offers can range from 5-10% over listing price with new inventory so you can calibrate yourself accordingly.

However, I'm brand new to all of this, so appreciate any calibration on what my numbers should actually be. 

I'm sure CA has a high calibre of tenants but I am certain there are still people within that market who may not have a 700 credit score but that doesn't mean that they would be bad tenants.

@Gerald Lunetta I'm still green on the subject on septic systems so this is a guess at best, but it seems like this could be a non-calibrated setting on the pump that pulls the water up to the sprinkler head, or a missing part on the sprinkler. 

Of course, those kind of returns are anomalies and not something you should aim for realistically but it's just interesting to know how investors of the calibre got there.

Hearing your story will help me as I calibrate my model and expectations. 

Also, filtering for split and dividend impacts gives no data on this site - also indicating to me that it's already considered.So... yes, I believe that the returns calculated include dividends, splits, and appreciation.I'm happy to have a cross-calibration if you've ever seen similar analysis.