Actually, I am finding (no offense professionals) that good landlords and real estate investors are more rare than say a doctors, lawyers, engineers, teachers and other professionals in my area. 

No offense, but I didn't always mean that as a compliment.  

I call the IRS for my clients all the time asking time them to waive penalties for stupid mistakes.They do have a policy that they waive penalties for first time offenses if you asked, since technically the reason for the penalties is to get you to comply with the law.

Based upon historical, I would say my cashflows, ROI, is about 10-14%, and appreciation is about 10% on one 4plex, and the other about 50%.YMMV (your mileage may vary).Terry Terry- No offense but a monkey throwing darts at a dart board has made great returns in real estate the last 5 years. 

@Jay HelmsNo offense to those that swear by 401ks (best of luck to those individuals) but the 401k is nothing more than a vehicle created to take your money and have Wall Street play with it making good rates of returns while throwing you the crumbs. 

@Steve Osowicz Good to know about slow evictions are typical during the holidays@Jim Shepard I have made them aware that knowingly writing checks from a closed account is a criminal offense.  

No offense but ND isn't like California or Florida that appreciate like crazy so I would really focus on cash flow not appreciation.

No offense intended.

No offense taken.

With all of the supporting paperwork from the inspection, I'm interested in getting some opinions about how low is too low without being offensive.