You may want to add one or both of those to make you site a little more interactive.

Just to add on for awareness, you will most likely need to do some additional things to meet fire code in terms of fire escape, alarms (possibly hardwired), etc.

My franchise usually has minimal monthly fees, but you need to check with each office as they have one base rate, but could have add ons like Realtor.com fees or other advertising fees.

Add on the amendments and the page count goes up!

Let me add one thing to my response above...The downside to buying multiple properties in the same subdivision is that you bring all the values int eh subdivision up QUICKLY, which will do two things:1.

If 80's is the most you can get, you are looking at over 80% of ARV if paying 68K for the property, if you add on Closing costs, landscaping, inspections, insurance, selling costs etc, I don't think you have a lot of room left for any profit.You should first get some real comps from an agent that knows the area, then you need to factor in holding the property while finding a qualified buyer that can close, this could take up to 6 months if you are unlucky, do you have cash-reserves to support this?

Add on the expected value when you sell at the end of the holding period and you're set.Good Luck!

Add on fees for evictions, late notices, new tenant fees are such a turn off.  

Down the road, restore the garage into a loft-style apartment and add that to the rent roll.The Numbers:Cost AssumptionsAs can be seen above, there are a lot of add-on costs for financing with FHA.

Green color = walls I want to add. one