My area has a very stagnant appreciate rate compared to the coast, so it won’t be felt quite as harsh when the market drops imo.

3/2 duplex on each side, fully renovated, no AC currentlyPurchase price = $138K, appraised at $145KTenants in place and performing, 900 and 950 = $1850/moTaxes ~$1400/yr, Insurance $800/yearI use 10% maintenance, 9% for PM, 5% for Capex, 8% vacancy assumption30yr loan, 75LTV at 3.75% through chemical (TCF) bankClosing costs all in just under $40kKPI: Monthly cashflow of $631, ~$316 per side (greater than my min of 200 per door)COC of 19% yr1, 22% at yr5 (greater than my min of 10%)Total return on equity yr1 >40% from equity capture, 24-27% annually through year 5 (ignoring any appreciation)This one required 2 months to close but the delays were mostly from the bank and coordinating appraisal site visits in the current environment.

Purchase price: $138,000 Cash invested: $38,000 Contributors: Joel Wilmoth, Nicole Hoss, Jeff Schechter 3/2 duplex on each side, fully renovated, no AC currentlyPurchase price = $138K, appraised at $145KTenants in place and performing, 900 and 950 = $1850/moTaxes ~$1400/yr, Insurance $800/yearI use 10% maintenance, 9% for PM, 5% for Capex, 8% vacancy assumption30yr loan, 75LTV at 3.75% through chemical (TCF) bankClosing costs all in just under $40kKPI: Monthly cashflow of $631, ~$316 per side (greater than my min of 200 per door)COC of 19% yr1, 22% at yr5 (greater than my min of 10%)Total return on equity yr1 >40% from equity capture, 24-27% annually through year 5 (ignoring any appreciation)This one required 2 months to close but the delays were mostly from the bank and coordinating appraisal site visits in the current environment.

Purchase price: $138,000 Cash invested: $38,000 Contributors: Joel Wilmoth, Nicole Hoss, Jeff Schechter 3/2 duplex on each side, fully renovated, Purchase price = $138K, appraised at $145KTenants in place and performing, 900 and 950 = $1850/moTaxes ~$1400/yr, Insurance $800/yearI use 10% maintenance, 9% for PM, 5% for Capex, 8% vacancy assumption30yr loan, 75LTV at 3.75% through chemical bankClosing costs all in just under $40kKPI: Monthly cashflow of $631, ~$316 per sideCOC of 19% yr1, 22% at yr5 Total return on equity yr1 >40% from equity capture, 24-27% annually through year 5 What made you interested in investing in this type of deal?

Originally posted by @Simon Kouperchand:Reading this does not make me want to share my contacts with you especially how you haven't provided any value to anyone.Try reaching out to some bigger pockets members via messages and try to connect on a more sincere level.This was a bit harsh. 

This may sound harsh but if you didn't allow for expenses like these when evaluating the house then shame on you. 

Sorry to be so harsh.

The penalties for violating the stay - even inadvertently - could be pretty harsh.  

One is a large automobile manufacturer and the other a chemical and fertilizer manufacturer.

There are different levels of service, chemicals, filter cleaning, etc. but you want them to check and keep an eye on your equipment.