Back out inflation, it is equivalent to $1.25M/year now.

I also would rather deal with 10 SF roofs, than one big one since the odds of all 10 going bad at the same time are pretty remote, but if the roof on a multi goes bad you can end up replacing the entire roof...or the equivalent of all 10 roofs, even if they may not need it.Joe VilleneuveREcapSystemA2REIC 

I have no idea if lenders require this form or equivalent any more, but regardless it is helpful for keeping track of future expenditures.

This is interesting, and gives them a strong incentive to efficiently care for the property and place good tenants, though a long-term guarantee like this is only as good as long as they’re still around.Rich is dead on that there are many mid- to high-level executives and business owners making $150k (in the midwest, or equivalently $250k on the west/northeast coast and expensive areas), that see the value in buying one of the few truly undervalued assets out there, but love their work and enjoy a very high return on their labor from that work.

I'd look at it as an equivalent to asking for them to provide you with family photo albums or email account access.

You could alternatively buy the 10 best RE books out there for as little as $100 on amazon (or free through a library) then network and read through the forums on BP thoroughly and also sync up with other investors and realtors in your area for the equivalent knowledge by getting to know them, attending local real estate clubs, etc.

The way I see it, "pretty" gets tenants in, and "inexpensive bills" keeps them in.Here's my quick list: .8 gpf toilet(Niagara Stealth at Home Depot,) Niagara Sava Spa 1.75 gpm showerhead, Watersense-labeled faucets, and LED bulbs from either Lighting Ever(LE) or Hyperikon(go for the 2700 K color temperature, and usually 9 watts or so is equivalent to a 60 watt incandescent.)

Is what you're OFFERING equivalent to what you're EXPECTING?

CA equivalent to fair housing Fed housing Standards

If I had stayed there, my pay the day after graduation would have doubled to $3.70 an hour simply by earning the college degree (instead, I moved to California to earn the equivalent of $6 an hour working in the aerospace industry).