That will be my next step to ask about strata fees, utility costs, what similar units are renting for etc.Sorry if i made you cringe or shake your head while reading this.

By the same token, I don't think that I would walk up to someone off of the street, shake their hand, and say f*** you.  

@Jacob Perez and @Kristina Heimstaedt sounds like my thinking is on the right track, I just need to shake off the discomfort. 

Some areas may already be saturated with wholesalers and bandit signs...and if they have taken the passive approach via mailers and signs, then you could certainly shake things up by knocking on doors.  

It feels like we are holding the tenants by their ankle and shaking the money out of their pockets every month.

When my job situation shakes out I want to start real estate investing.  

Santa Cruz county is in the process of modifying the permits and fees on ADU's (accessory dwelling units) I'd wait a bit to see how this all shakes out unless your in a rush.

Currently paying 1060 in rent The deal we are hoping to close on:2 unit home:Upper Unit - 1br, 1ba Current Rent:600, once we get new tenants, I think I can get 700 or 750Lower Unit - 2br, 1ba Current Rent: 750. plan to occupy this unit. upon move out could probably get 1050 if I add a washer/dryerClose to downtown, 2 blocks from VERY nice YMCA, 3 blocks from UniversityThe numbers:Listing Price: 149,000Winning Bid: 152,000Appraisal: 134,000Final agreement: 134k + 6k seller finance (hand shake) 2 years @5%5% down + closing costs = 12.3k out of pocket initiallyMonthly expenses:P&I + Insurance + taxes+ PMI = $991/monthsellers financing = $264/month (I'll probably pay $300 to speed things up)$1255/ month - ($750-33% for vacancy, repairs, other stuff) = -1255 + 500 = $755 out of pocket. (1st two years)-991 + 500 = 491 next few years-991 + 500 + 705(67% of 1050)= 214 cash flow ($281 after PMI)$755 Compared the $1060 I pay in rent currently, I feel like I'm making 305/month.

Im trying to pull the trigger but im getting a weird gut feeling I cant exactly shake off.The first year before I change the taxable amount for my county it nets the 26% ROI with only $6000 down of my own money bringing in a total of $133 cashflow.

@Kris Haskins,If the water is clear, it doesn't matter how much you shake the bottle, it will remain clear.