Stainless appliances (fridge, micro-hood, dishwasher, range oven) can usually be purchased on sale from Home Depot or Lowes for less than $1500 if you mix/match.

When I went to check on the fridge on the same day, I saw it is operating fine after a quick inspection.

generally speaking, things that are "stuck" to a property are depreciated (ie, windows; fence, roof, fridge, toilet, etc) over different lengths of time. if a tenant trashes the carpet before its depreciation is used up, you can expedite the depreciation of the old carpet & renew it with the new. repairs are different - these are expensed the year you use it. if you replace a roof, you depreciate it (20+ years). but if you repair a leaky roof, you expense it.I'm no accountant either. another thing I like to do is call the IRS direct with questions.

Multifamily homes generate more income per unit of CAPEX (a roof on a multifamily home isn't any larger and still needs to get replaced every 30 years, etc).Multifamily homes can have higher expenses (4 kitchens, 4 fridges, 4 dishwashers, 4 furnaces, etc),can't always split utilities (water isn't separately metered, can't be charged to the tenant in Utah) and things like mowing and snow removal end up being LL responsibility).Now... comparing Quads to say duplexes?  

Lumpy mail, magnets and direction to stick on the fridge and call when ready to sell. 

I also live about 5 mins from the property and have leftover appliances from my parents old house that I can put in there like a fridge and microwave.

I think the couple of scenarios below (REAL stories from people I know who have done exactly what you are describing) may help with this point:- Tenant doesn't know the first thing about home maintenance; you get a call because the fridge goes out at 10PM on a Saturday.

-fridge, bed, black out shutters, night time house rules, and Wi-Fi we’re a must for me.

First of all, people should get a definition of cap rate, NOI and even the price.Cap rate=NOI/price, however, some count gross income instead of NOI, some countnot purchase price but their money invested and fridge the number to look sexy.Cap rate won’t tell much unless you know how they count it.Usually, MF is much less ROI than SFR because the owner pays water/sewer and heating if there are no submetering.Also, in SFR tenant pays everything (water, landscaping etc) but MF owner pays parking paving, trash and landscaping, which is very expensive

The window style that meets egress with the smallest overall dimensions is a tilt-and-turn style window: window tilts in like a hopper window for ventilation and swings inward like a fridge door for egress.