HelloQuick scenario is I got an off market property large enough to subdivide square footage wise however the lot is odd shaped so when I split the lots to meet the minimum widths the one lot falls short approximately 800 square feet.

Background:  (5) 2bd/1ba units all about 625 sq feet with laundry hook ups and carports.  

. $133 round trip.  

Which is close to round enough, in turn, that it makes me think the lender just documented $10m/yr and stopped documenting additional income at that point because it would serve no purpose. 

, using your GSI of $50,400/annual ($4,200 X 12) and I used a round 40% for Operating Expenses (includes 10% for Vacancy)..DOES NOT include debt services.

When I finally got to the property, after driving past the many neighboring, beautiful, bigger, newer homes on acreage along the way,  I quickly realized what the "problem"  was (or at least one of the problems): a huge power pole, complete with a transformer high up on it, was located about sixteen feet from the front of the house, centered on the front door!

Still looking to get my feet wet investing in Washington, D.C.

It is a new build townhome in Houston ~1700 square feet.

First deal to get my feet wet in REI but have quick question.In contract with a property that I expect will cash flow $70-150/month (10% vacancy, 10% PM, $100/mo comb. capex/RM); cash return of 7-13%, excluding what I'd pay myself to self-manage.2/1, rentable condition, listed at 52, offered 32, in contract at 41.5. 

It is a new build townhome in Houston ~1700 square feet.