Sadly, my uncle had some psychological issues and at the time of his passing in October 2014, he had allowed the house to deteriorate to the point where it didn't even have working restrooms, the roof was missing in places, about 70 dead mice were found throughout the property dying after eating electrical parts from knob and tube wiring, the entire basement had over a foot of standing water and we found several nests of black widows. 

I have plenty of room to bulid a 4-Plex down the road.The 3rd property is a 4-Plex (all units are 2/1) that was in bad shape inside and out, had tenant problems, and the owner (an elderly widow who wanted get rid it) could not afford to do repairs.  

One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation.

Newer widows.

He was never coming out of the nursing home and he didn't much care how much he got.A widower re-married and his new spouse refused to live in the prior wife's house.

A widow has owned an managed it herself for 10yrs and hasn't raised the rents in about 5yrs.Ok here is the deal:All brick 11,100 sq ft 10 unit10- 2 bedrooms$630k asking priceTaxes-17.5kins- 3kmaint-10kwater-2kVacancy avg(5yrs) 2%Income:Rents-76,600Potential rents(market value)-84,000-87,000Laundry-2,000Deferred main:roof in the next 5 yrs(aprx 25-30k)ThanksJustin

The 5 replacement widows will be replaced from the outside, so no drywall damage.

Generally, you can contribute to a Roth IRA if you have taxable compensation (defined later) and your modified AGI (defined later) is less than:$179,000 for married filing jointly or qualifying widow(er),$122,000 for single, head of household, or married filing separately and you did not live with your spouse at any time during the year, and$10,000 for married filing separately and you lived with your spouse at any time during the year." - IRS Pub 5902.I would really like the solo 401k, since from my undertanding you can contribute up to 50k a year?

With all the block-and-beam foundations around here, I have no desire to crawl under the foundation and spar with black widows, scorpions, and hormonal gophers.

My CoC ROI is a little over 9%.My lender seems to think that the unit is a little undervalued (elderly widow seller- wants to get out and travel), and that I may be able to cash-out refi in 6-12 months, recouping my initial investment.