They then added a deck with an exterior entrance that leads to the attic and built a separate driveway for that space.Currently, we rent out the attic space on Airbnb and more than pay for our mortgage.Other home features:-Granite counter tops-Custom cabinetry-Hardwood floors throughout-Crown molding throughout-Front porch, patio, and deck-8ft SOLID privacy fence enclosing a HUGE backyard-2 driveways-As of 2009-- all new electric, plumbing to the street, roof, and HVAC.

I'm curious what words of wisdom the BP crown can shed.The turnkey provider now insists that buyers use one of 3 lenders that they suggest. 

Hopefully Dwight and the boys can pull together and win a couple at home don't bet on it :roll: The King will be crowned this year!

Yes, removing soffits, putting crown molding and replacing handles and pulls are cheap ways to update a kitchen.

Property Description:2 building 9 unit apartment complex located in a downtown area of a Midwest city with inter-state, water, and rail transportation systems in place.The building is about 40 years old, but has been maintained very well.Building is 11750 Square footThe lot size is 16350 square footNew roofUpdated interiorhard wood floors, crown molding, and French doors.Units: 5 3 br, 3 2 br, and 1 1 brGross annual rent $55620, 1 3 br is vacant, rent would be $750 per month.Asking price $400,000.00Seller agent claims NOI is $43200 per year, with taking in to account the one vacant unitSo, if NOI is correct, the cap rate would be10.8.Using the 50% rule the cap rate would be 6.95.Assuming the complex was full, the cap rate, 8.08.Not sure who pays the utilities, I am still waiting for the seller's agent to send me more info.Cash flow:Gross rent $55620.00 with current vacancy.Expenses 50% rule $27810.00Per unit $257.50 per monthNOI $27810.00Seller is willing to finance 80% at 7.5% over 30 years with a balloon payment in 5.P&I $26849.88Leaves $960.12Or $8.89 per unit per monthNow, I am just getting started, so I have exactly no cash to put in to a deal, unfortunately.Assuming similar terms for a loan for a 20% down payment, but with a 9% interest, that would be a payment of$643.70Per unit $71.52Net cash per unit of $-62.63At the asking price of $400K, I think this property is over priced.

These are houses that are less than five years old, granite counters/ crown molding/pretty much nice everything.

I'd go Remington 870 myself, but either one would work.A lot of times break-in's are done by misguided youth and drug addicts, not exactly people who watched the Thomas Crowne Affair over and over looking for pointers.

- an administrative unit responsible for maintaining records and other secretarial duties; especially for international organizations- thoroughbred that won the triple crown in 1973

Im leaning towards the instock "American Classics" white cabinets from Home Depot, our lowes now requires there cheap white cabinets to be special ordered.Prices seem to run about $1600 for cabinets alone, not including trim, crown, end panels, toe kicks, ect.

If you have evidence of that please do provide so.And I do believe that being humble is a quality (modesty is the crown of kings) and that we, as great as we are, could and would have plenty beneficial things to learn from other places.