Even if it's just the trim, those "charming details" add tons of time to the job.

I would only buy washer/dryer from CL, bought for myself and my rental until, $400 total for 4 and all work like a charm for 2 years so far.

There are very nice, intelligent and charming people who don't have a degree.

Seller Financed Terms:Sale price: $165,00015% upfront cash deposit and $1538.27/month for 60 months with a balloon payment due at the end of the term.Interest rate: 2% The monthly payment of $1540 would encompass the principal, interest, taxes and insurance.$553.35 would be applied to principal$153.37 would be applied to interest$831.55 would be applied to taxes and insuranceTotal payment of $1538.27  or $165K for the building with 15% down and $1525/month for 48 monthsGross Annual Rental Income = $37800 or $3150/ month Annual Operating ExpensesTaxes & Insurance $9978.60Water/Sewage $3600Waste Management- $1200Gross Annual Operating Expenses = $14778.60Net Operating Income = $23021.40Or $1918.45/month in positive cash flowCap Rate = 14%I'm thinking of trying to negotiate the purchase price down a bit as $165 is above market value.

The casing and entablature around doors and windows, fireplace mantels in multiple rooms, hardwood floors, chandeliers, high ceilings...a lot to be said for a certain charm it gives which many like to rent.

I would say it is irregular with three exterior surfaces (sort of the charm).

Work required involves pulling up carpet in favor of new floors, updating one bathroom, and updating the kitchen.Here's the potential deal breaker: this neighborhood has a very defined split price for FMV based on all the old charming houses whose original owners are moving to assisted care or passing away vs the FMV for the newly rehabbed houses.

LI properties also tend to be more palatable to lenders when it comes to financing since they usually encompass business types a lender can understand.

I love that you kept the vintage charm, like the detail over the sink, but updated it.

The plan is to have one all-encompassing LLC that acts as an umbrella for each LLC holding a property/basket of properties within it.