Hey Ian and Parth, I would be interested in meeting with you guys as well if the timing works out for all of our schedules.

Messing around with 20 vs. 25 year amortization schedules can really impact cash-flow.

When I first purchase a property, if the existing water heater is at least 10 years old, I replace it because I don't know how much maintenance has been done to it by the previous owner plus I can then start over with a new one on my own maintenance schedule.

We don't know what we can commit to you as our schedule is quickly filling, but we do want to help!

I have a flexible schedule so will make time for most folks if I can.

I have no interest at this time in actually providing agent services to anyone, but rather I'm just interested in unrestricted access to the MLS, and the ability to schedule my own showings for properties that I am interested in.

I tried to re-schedule, but couldn't get my guys scheduled on a weekday so told him I'll let him know.

The numbers look good:Location: Broadway HouseNumber of Units: 1Rent: $1,350.00 Square Feet: 1,666 Upfront Costs:Cost per Unit $95,000.00 Price: $80,000.00 Cost per Square Foot: $57.02 Cap Improvements & Repairs: $15,000.00Cash on Cash Return:19.84%Total: $95,000.00 Debt Coverage: [minimum 1.6] 1.78 20%Down: $19,000.00Capitalization Rate (ROI)9.05%Current Assessed Value: $29,666.00 Loan Amount: $76,000.00 Net Cash Flow per month: $314.08 Interest: 4.88%Net Cash Flow per month per unit: $314.08 Term (yrs): 30Total Rent/Month: $1,350 GROSS SCHEDULED RENTAL INCOME: $16,200.00 Less: Total Annual Debt Service: $(4,826.40)Less: Operating Expenses: $(6,470.63)Less: Vacancy and Credit Losses (7%): $(1,134.00)NET CASH FLOW: 3,769 NET OPERATING INCOME - (NOI): 8,595 INTEREST: 3,680 DEPRECIATION: 3,455 NET INCOME: 1,461 Property Insurance: $1,000.00 Property Management (10%): $1,620.00 Placement Fee(30%): $405.00 Real Estate Taxes (5.06179%) $1,501.63 Repairs and Maintenance (12%) $1,944.00 Services: Snow Removal: 720 Utilities: Electricity: N/A Gas and Oil: N/A Sewer and Water: $30.00/mo Other

Unless you have a strict maintenance schedule I wouldn't settle for anything but top quality products.

You can control and budget your own CAPEX some for interior elements (like your own floor laying and the above schedule, for example) but for the association not so much.Condos are odd ducks, too.