She'll hire a Porter service to visit the property every day to sweep sidewalks, remove litter and debris as needed, and generally keep the property nice and clean. 

. $20,000.00 annually for 1st 2 yrs. for Reserves.I am deducting for a Vacancy Rate of 5% for $7,860.00 annual loss.Annual Water/Sewer of $10,800.00Annual Trash Pickup $4,600.00 I am using an estimate from another 16 unit within 1 mile for this figure.Annual Electric Service $5,400.00 or $450.00 per mo.Annual Pest Control of $1,200.00Legal and Accounting $2,150.00Elevator Mantenance $1,200.00 verified but condition of elevator is unknown at this point.Snow removal of sidewalk $725.00Advertising for 21 days in the Newspapers $397.05 Verified.Licenses for Rental Property $240.00I am getting Total Annual Expenses of $81,800.05 or 52.88% of Total Gross Income.OTHER FACTORS: Zillow shows this place as a 9 unit and has the value at $600,000.

Your inspections will vary...I feel it's based on the individual...if they get a good first impression and like you then they do a basic walk --- you pass...if they trip on a sidewalk crack and have to knock more than once you are about to be written up for 20 minimal fail items and have to add 2-4 weeks to your rent delay because you go to the back of the line for the reinspection.

If I knew everything before I jumped I would still be edging sidewalks for somebody else...

Something like - I see the sidewalks in front of your rental property aren't shoveled and the city tends to ticket properties who don't shovel.

-Usually need more square-footage to repair- U&O is always going to be up your case and will wack you with even the smallest chip in the sidewalk, telling you that you need to drop 5-7k just in cement before you even get approved to touch your home. - Comping is not as cookie cutter as it is in the city, now you are usually dealing with different styles, build types, etc.Always feel free to reach out to me!

I did notice major road/sidewalk construction around the area and am think if the government is investing in this area there’s probably a reason, but I would still consider buying it even without the construction.

Monthly Expenses = $2800 Per Month: Current Management Team = $1000.00Insurance = $224.00Real Estate Taxes = $92.00Fiber Optic High Speed Internet = $89.00Cable TV = $52.00Trash Dumpster = $55.00Sewer / Water = $186.00Natural Gas (average) = $142.00Electric = $327.00Housekeeping = $270.00Ongoing supplies = $230.00Maintenance = $133.00Total RenovationThe renovation started in 2011 and was completed 2016 with entire complex being gutted to the studs, then completely rebuilt fully furnished inside and out to new standards, as follows: 26 gauge top of the line triple epoxy coated metal roof26 gauge top of the line triple epoxy coated awning and patio coverSingle hung gas filled energy efficient EZ clean vinyl tip-out windows4 new natural gas water heatersAll new plumbing throughout entire complex/buildingOnly #1 Grade Premium lumber was used throughout entire renovationQuality Price Pfister plumbing fixtures and lifetime parts180 feet of new 4 inch sewer line from the building to the street tapNew premium exterior fiberglass dimensional Colonial style entry door with new door jams, aluminum thresholds, all new lock sets and peep holesCustom picture framed windows with decorative edging and exterior door trim to matchCommercial toilets: all new PEX plumbing, shut off valves, bullets, supply lines, hose bibs, angle stopsNew attic and wall insulation with vapor barrierUpgraded electrical, HE lighting, new fixtures, switches, outlets, breakers, energy efficient lighting, vapor lights, rope lighting and HE flood lightsCustom artistic signage (3) built by Management TeamNew drywall, texture and highest quality Valspar paint throughoutAll exterior wood was hand primed and hand paintedNew vinyl fencing for corner lotPremium Quality pillow top mattressesNew hand textured walls (office), ceiling and covered entryNew concrete sidewalks, kitchens, baths, showers stalls, toilets, vanities, cabinents, counter tops, sinks, refrigerators, microwaves, deep freezers, dryers, A/C units, flat screen TVsAll work has been documents and permitted

Also if you can see that the streets are messed up around there, the sidewalks, or there is the black gumbo dirt with big cracks where it has dried out...again you will likely have issues in the future.$50 option money sounds really good these days...maybe even super low.You will likely pay for a survey....your lender or title will likely require one.Two story.....in Carrollton...almost sounds like Two Worlds or a townhome....two story single family might be tough to find for $200K. 

Plus, new sidewalks around the new garage, and a new sidewalk on the side of the existing main house.