I would love everyones feedback on a property I analyzed and passed on (well, I offered so low that I was no where near the sellers number).I used the spreadsheet available here in the files section.TRIPLEXList Price $474,900Total Monthly Rent $3,645 (fully rented right now)Taxes $6,173Great condition so I didn't assume crazy repairs.To me this looked like it needed to be more around $349,000 ($419k to be cash neutral).I can provide me info if needed.Thank you for any feedback you have.Bob

If we rent it today it will be just under cash flow neutral.

I also have the following in my lease:(f) Any draperies or other window covering must be white or neutral color so that only said color may be seen from outside your apartment. 

I like to present ideas and offers with a seller on neutral ground though, like a coffee shop.

Hi Felipe, quick disclosure - I own and built the site you asked about, just thought I’d answer and say hi with some neutrality!

In addition, the property is cash flow neutral (negative after capex?)

Without that long term holds on SFHs is generally in the neutral income range.Some areas my vary and some extremely low priced markets will show positive results on SFHs.

There's no moral issue with owning any type of real estate in the same way there's no issue with whether I turn a light switch on or off - it's morally neutral.

For that I'd use some "neutral" givens that a random guy like me would have to use.

Each circuit has two separate conductors: hot (black or a dark color) and neutral (white).