As long as you're slightly under market you shouldn't get much pushback on rate increases (just blame it on taxes).

My average fill up is 50 kilowatts so that  $2.00  Two bucks for 200 miles of range with no restriction on speed or fast starts at the line :)  Not every state is the same at our place in Vegas you pay one rate no matter what time of day and that is I think about 12 Cents a kilowat so about 7 bucks to fill up for 200 miles of range. lets say 20 MPG at 3 bucks  thats 30bucks for gas for same range.

I was pre-approved for a conventional mortgage with a 3 % down payment 2.75 Interest Rate.

On a 4,650 sqft property listed at $1.1M, that's $116K - $140K per year in Gross Rents, and after NNNs, I believe I'm looking at a 10-12% Cap Rate on asking price.

Unit 3: $800 + utilities Total: $2,825Expenses:PITI: $980General Maintenance: $50/monthMaintenance Reserve: $143/month Other Fees (admin stuff like LLC, registration fees, etc): $70/monthTotal:  $1,243.Monthly Cash Flow: $1,582Cap Rate: 13.5%Cash on Cash Return: 45%I appreciate any feedback or advice on this deal as I am just starting. 

I was at a CCIM luncheon recently and some of my lender buddies and I were discussing that many of their banks are getting out of multi-family because of rising costs to manage the properties...including taxes and insurance.

thank  you Laura -I do feel good about the compensation as they have been our only boots on the ground as we just can’t use “ friends” anymore ..I also found out that the $500 monthly fee is lifted once the place is rented and she goes to a much lower rate / hourly when things arise .I just thought it was a unique price structure and have never heard of things executed as such before .Thanks again for your reply-Christian

With the upcoming expected rate cuts making real estate "more affordable", I believe this will unlock many buyer's who've been waiting on the sidelines.

I have a priority credit line on my brokerage account that is now > 1% lower interest rate than my mortgage.

Sherman is more affordable but faces rising prices.