I also hope with the numbers I did on the property show that it is a good buy.. there are 3 buildings that are identical and all rented out.. all 3 buildings are for sale but i can only afford one with the amount of capital (25%down) they are requesting.  

Suppose, there is an identical 12-unit building next door.

A postcard will be either identical to what you would put in a yellow letter, or a more condensed version of it.2.

Prices have gone up which is why this new one will only cashflow $800 but they are pretty identical.

I have been an independent contractor for 7 years. each year i write of most of my income. i never realized until recently this severly limits what a lender can give you. should create an llc or some other identity and start passing all my income through that?

Rents 1150 newer tenant & 925 longtime tenant, identical units which leads me to be optimistic about raising 925 up over time.

@Etim Fisk5 of the 6 properties I bought were full when I bought them.1 was empty and in good shape ready to rent (had bad management)That 1 property is more profitable than identical properties next to it because I was able to screen my tenants and start them out at market rate or higher rents.If you're in a decent mark and the deal is right you shouldn't have a problem filling it

That is almost identical to what my CPA and Attorney said.

My plan is to increase rent by $125 ($625 to $750) on both sides of the duplex as there is an identical duplex behind the property that has active tenants paying $750.

@Irina BelkoferMy example is a regular tenant, who is paying late and another identical rental available for $895.