(MTM leases should cost more than yearly leases.)

My wife works for Ferguson, and I know many contractors, so I can get a lot of materials at cost.

.$8,000 would likely go away in closing costs.

Looking for something with low acquisition cost, and meets or exceeds the 1% rule.  

Purchase price: $90,000 Cash invested: $55,000 Triplex in SE Cleveland (D+ neighborhood)Purchased for 90 and saw 105 for valuation. 25% down plus closing costs and unit repairs has led to about 50-60k going into the deal.

This is a blog I made myself, let me know if it helps my goal, to achieve profits because right now their zero (leads)How much does it cost to install a patio door?

With down payments, improvements, commissions, title work, holding costs etc....

Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.

The very tragic LA fires have generated a lot of discussion about insurance costs.

I think it just benefits current owners. our replacement cost variability just went up a lot for the next 4 years.