1,125/mo rent = +13,500/yr-1,125 vacancy-1,350 repairs/capex (10%)-7,960 mortgage (110.5k @ 6%)= 3,335/yr remaining for taxes and insurance, or about 2.5%Are your taxes and insurance incredibly low in Savannah or did I miss something on my math?

2-4 unit properties are incredibly rare in the DC area.

@Daniel Harbuz thank you for replying and does the same techniques apply though or is it different?

Never mind difficulties with collections or evictions which I understand are incredibly onerous.2) more to the point, about the state and city bonds, the city needs to find money to pay their debts. 

What’s happening now is an incredible amount of reform with section 8.

Incredible episode.

Being this deep in the hole is an incredibly serious situation and the message that gets delivered should match that seriousness in tone. 

Those kind of skills and knowledge will be incredibly valuable as an investor.

While this seems like an incredible amount ( and it is) you must understand that after you get so many it is like a snowball effect because your compounding income and able to purchase more which enable you to purchase even more yet and so it goes .

I along with 3 partners are first time home buyers and are interested in purchasing a quadplex together, as it makes incredible economic sense.