@Demario Scott I found a duplex that I loved but the numbers just didn't workout for that property as well as some unusual circumstances.

That is an unusually high deposit.

You can make any offer of tenancy contingent on no prior landlords coming forward.We should do our due diligence and try, but we aware that it is unusual to actually connect with very many prior landlords.

For example, it’s not unusual to have a 7 to 11% sales load right off the top.  

Some owners will want to know about every maintenance item that comes up as it does, some are OK with seeing it on monthly reports, some owners, typically long-term clients, trust your judgment and may only ask for details about this or that if the item is unexpected or unusual.- Yes- Quarterly would be slow; most PMs send these each month.- How you pay PM fees and structure, you have some discretion over.

Nothing unusual about that @Jo-Ann Lapin .In CA, there are generally five documents you should provide to close out a loan, Jeff.Payoff DemandThis document simply lists all amounts owed the lender to satisfy the loan.

In couple of two weeks visits, I rehabbed it with the craigslist “proffies” for like 15K, which was not bad at the time.In retrospective, there were two things, which significantly reduced cash flow:the location- as excited first time “investor” I did not pay attention to numerous sump pumps (the house actually sinks in the swamp- not unusual in New England)the property manager- I had one great guy for the first four years (also found in craig).

In your numbers your capex was at 18% even though you would be rehabbing the house which is a little unusual.

My father was career Air Force and I was in the Navy and I can say that it is highly unusual that someone entering active duty is able to project where they will be stationed. 

Having been in the business for 40 years, I learned that it pays to hire licensed experienced contractors that you can vet, but yet, there are some work, because to job is too small, unusual in some ways, that I sometimes had to try out people that is not normally hire.