If not, I have a network of people way smarter than me I can call.By the way, I'm starting a new community on LinkedIn called Rigs to Real Estate to help other oil and gas professionals make smarter investments in real estate that can keep income flowing in no matter how bad oil prices get.

There is an even broader range of "small shops" than STNL retail, i own a gas station, etc.The short answer is, always maintain your property, be aware of your tenants' needs and have cash reserves to remodel or reposition the assets to generate the highest rent.

I agree with @Nathan G., as a landlord we are just in the middle of the supply chain.

Ok everyone what are your thoughts on this purchase. this property is in South portland maine. asking price was $600k, sell price was $582k seller paid all closing(11K) i also got $3,500 from the seller to pay for some work that was needed. i did get another 1k from seller also for some other stuff. interest rates is 2.875%. i know some dont like this idea but i am 100% leveraged as id i didn't bring a downpayment4unitrents are 1350,1375,1150,1300=$5,175i will be house hacking for atleast a year as its a VA loan but for the purpase of this question i left all the units rents in the calculationexpenses are about 2100 rounded(gas,electric,capx, maintenance and water/sewer)mortgages just under 3000 rounded up(principal, insurance and taxes)so ill be cash flowing about 75 a month. this area is a high appreciating area... or it was who knows with all this covid. part of my thought process on this deal is that my loan will be getting paid down over 10k a year and even if appreciation goes slows there is some room for forced appreciation. what are your thoughts?

I don't own any properties yet but I have seen many operators take their foot off the gas so to speak because they are moving up in tenant profile.

There is no gas service, so it would have to be electric.One owner is considering an EcoSmart 18. 

I havent refilled our 3 vehicles with gas in 2 months!

Here is what I put in the calculator - - 20% down of $220,000 so my down payment is $44,000 - Purchase closing cost of $4,000 - The mortgage rate of 4% with a 30-year term loan - Property management fee of 10% a month - The rent charged for a month $1,650 - Property tax $220 a month - Insurance $77 a month - Repairs maintenance a month 5% - Vacancy rate a month 5% - Capital Expenditure rate a month 5% - The tenants will pay electricity, sewer, gas water, HOA fees, and garbage Can someone tell me If I miscalculated something or did something wrong?

We have a family friend who is and agent on the ground who we are paying per tour, as reimbursement for gas and time mostly, but we will meet and Zoom all the applicants personally. 

After 5 years working as an analyst, I left for a well-known oil and gas company to work in office operations.