On the same property, there is a brick 4 unit and 2 separate duplexes for 8 units total included in the deal.Below is the P&L the realtor just sent me, along with the rent roll.To me, right off the bat it seems like they are really low balling the expense side of things (not taking out for vacancy (though they claim vacancy is never more than 1 month, so should we remove 8%?) 

Do they have T12 P&L statement?

I use sub2, l/o, seller carry's or wholesale what I don't want exclusively these days.  

I am a new REI. l would like to know where all the REI meetings and clubs are in Nothern NJ.

When we pay a sub we assign the invoice to an address. etc.with quickbooks, we get a p&L for each address worked on. we also get a p&L for each rental property. by using QB we track everything by category and by property.if you are asking now it is probably too late. if you don't have an accounting system already set up, why do you need one now. just keep track of whatever you can and keep moving forward.

Let me know how we can contact each other.I am present on the major professional site ...I am quite sure you know what it is...L.......InI will try to add my #fivesevenonetwosixeighttreetwooneone....it may work!!!!!!

ContactBrandi L.

l

The current owners should give you their p&l, which includes repairs they have done.

Aaron,I'd love to be able to reach out to you, l certainly appreciate the good words.