Vacancy I set at 8.25% (one month reserve per year), capex and maintenance is 5% each minimum if I plan on a full rehab, but higher if I am leaving older mechanicals in place.

@Bob Malecki I’m new at Note Investing (I would have ended up here anyway as I don’t like any other aspects of RE and I do sub prime auto lending) but you’ve been doing this a long time, is this a natural business cycle we just have to wait out?

My wife and I run a mobile auto detailing business where we each run a truck.

I just graduated with Master's Degree in Mechanical Engineering.

Should the tenant be required to pay the CC fees if they choose not to do auto deductions?

Property taxes will be about $2,300/year.I'm looking for advice to simplify the mechanics of purchase and transfer to our daughter. 

Many non-RE specializing accountants, and even many "RE specializing" accountants are not utilizing this cash-flow mechanism for their clients; Thereby, causing unnecessary tax liability. 

If you can, check the clamping mechanism for the fence before buying.On the two you're considering, I wonder if the Bosch wheels, while handy for moving the saw, could cause it to be a little unstable when you're cutting.

Pay them off if you can and use them for something recurring (like netflix) and then set them to auto pay the balance every month.

They learn the theory and mechanics of the game.