@Cameron Moore I knew I could count on you for a legit answer.

I also looked at hundreds of deals online and visited over a dozen properties before I landed on this 8 unit.

I have flipped new homes and townhomes but phased out raising a family and now am focused on utilizing my skills which are building, selling, expanding a circle of influence to focus my effort on the above.

Clean water, air, peace and sunshine are nature's remedies and in over-abundance on the Oregon Coast. 

If all of them have a garage and yours does not that will either put you at a lower ARV then what you thought, or a longer time on market.

I did a recent flip with much warmer colors, actually used SW Creamy on the walls, and the house sold in 5 days. 

But in general, your biggest risks are not necessarily what's the maximum rent you can get, but can you find a reliable tenant that will always pay and pay on-time.

The next option is to get the device (you can get on Amazon) that shows the meter for what one unit is pulling versus the other.

@John Zhang If your wife qualifies for Real Estate Professional Status (REPS) and materially participates in managing rental properties, there is no limit on the amount of rental losses, including depreciation, that can offset your W-2 income.

thanks everyone @Edgar DuarteI would suggest you research “return on equity”.