Other examples include Habitat for Humanity, local veterans organizations, etc.

Most credit reporting offered with property management software will include an ID check of some sort also.  

Keeping this as a rental would not cover the mortgage (we'd have to pay ~1500 a month including utilities) and we can afford the extra payment, but is it worth it when looking at appreciation?

Hi John,To effectively gather a list of multifamily properties for your marketing mailers, here are some resources and strategies you might find helpful:- Reonomy: This platform allows you to search for multifamily property owners based on various criteria, including location.

To include fee structure.If you have never owned rental properties or had a PM and are jumping into the business, it will be harder for you.

This includes future maintenance that will be required. 

They will tell you what they are and they include an on site visit to your location.

@Clint Miller I’ve gotten my best deals over the holidays including my first where we made an offer on a property and gave them 10 days to decide whether they were going to accept it or not which included all the holidays and the holiday week which was slamming with business for this property.

The photo you included is very likely not considered a legal means of egress from the third floor units.

Hey Ram, I'd agree with David, I think you'd like to include a few more expenses like ongoing repairs, trash and replacement costs, plus add in something for vacancy and bad debt, plus add in closing costs.