But 70K houses have property taxes moe the $852 annually. $58 a month seem a bit high for insurance also.

Bernard•-Akita•-Wolf hybridsUnfortunately, these are prohibited for insurance reasons.

To prevent those items I suggest lots of tenant screening questions (back-round check, credit check, eviction search and income verification) and an annual maintenance plan on your properties. 

It might be a small amount ( I do not know your liquidity and net worth, annual business or job income,etc.) but once things go bad your husband likely is going to get soured from doing investment for a long time.Remember it is not what you are paying but what you are getting for your money the QUALITY and not how CHEAP something is.I can go get a 3 dollar burger that tastes horrible.

Guaranteed annual return and then piece of the returns.  

We are talking about going from 30k to 90k annually which I can still put into my numbers and it’ll work, I just don’t want to be overconfident and overlook something like this in the future.

Target price: 9) no more than 2.5m w/a cap rate of 8.96% (less is better of course) 10) 5 year leases in place with gross rent with with 3% annual increases, no cam includedQuestion:  (a) What if anything should I be mindful of in this purchase particular to an office building?

Im paraphrasing now but it is something like annual income divided by total hours worked in a year according to your timesheet or schedule and then dividing that final number by 1/3 because we dont actually do 8 hours of work in an 8 hour day...generally speaking.

Likely this is something on the order of 15-20% annual rate, & going only on the info you’ve provided here, I would make this your top priority.

Lastly filling an llc would require additional tax filings every year and annual fees.