As of late, some of the other big players have been trimming the fat.

Permits keep your city/county’s pockets fat, so that they can sit around a table and come up with more ways to swindle you out of your money.

Talk to him belly to belly and be humble.In the meantime, get a grasp on what insurance you have on this and every property. 

Anyway, that sort of stuff aside, the details of my expenses are as follows:Repairs & Maintenance - $1787.27Tenant Sourcing Fee - $0 (however, there are $5085 worth of debits / credits in this group, as described above)Insurance - $1660Mortgage Payments - $14,456.70Landscaping Services - $1440Utilities - Electric - $928.04Utilities - Gas - $1133.64Property Management Fees - $2885.52Utilities - Water - 568.28Unless I fat fingered something, those should add up to the $24,859 expense total, resulting in $13,009.55 in net income.

I think you're the expert.I avoid skinny deals and look for fat back ends.

Treating those profits as capital gains is inexcusable and your CPA may have set you up with a fat penalty if you are ever audited. 

. * Reducing the price AND seller credit, keeping things net the same for the seller, and meaning you will get that money back when you sell.Conversely, if there isn't enough money, you can of course jack up your interest rate for a big fat lender credit. 

I've never gotten a year up front, but I did have a tenant who's mommy paid the rent six months in advance every time.I currently have a tenant I rented to with no job, but an 800 credit score and a fat bank account.

This will also make your cost cheaper to build-out since retail build-out is very expensive and not re-usable when the tenant leaves or worse (goes belly up).

Even if there was, fat chance with more than one tennant.