It used to be that large retail companies were almost “totally safe” as NNN.

Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.

It’s totally reasonable to ask him/her when they’re due to rotate (as they’d be moving) and when they’re getting discharge.

Hi, Drago thanks.I forgot to mention, that I do have one in Mexico too.

The total opposite.

My total credit utilization would remain < 30% after taking the cash 3.  

@Sean Gammons I love house hacking and would absolutely do this every 12-15 months if my partner wasn’t totally against moving frequently.

So with another 100K in construction/fix up cost bringing the total to 500K it meets the 1% rule, obviously I would do more underwriting but I need to be solid on those comps. 

Ive estimated $1mil total.

Here are the numbers I know so far:Rents4 units all currently occupied on one year leases- #1: 1/1 $995 monthly- #2: 1/1 $995 monthly- #3: 1/1 $995 monthly- #4: 2/1 $1,100 monthly- Gross rents: $4,085 monthlyExpenses- $12,070 taxes annually- $350 monthly insurance (my estimate, they have liability only right now)- $175 monthly landscaping- $120 water (electrical on separate meters, tenant pays)- Total expenses: $1,651 monthlyNOI around $2,434 before vacancy, maintenance, and management (although i would likely self-manage these)Property needs about $50K in other repairs and udpates from what I can see.