People like new homes- It is easier for me to identify with which homes will be more marketable in the future yearsCons- Cash flow usually isn't as good (which is ok with me, because it is always an equity play for us).  

Likely would want to close on 11/28 at the latest to play it safe as the notice takes affect the next day, not the day it was served. 

Then divide that cost by the amount of time between now and then and that's how much you should be putting aside for Capex.For general maintenance, the age and condition of the building will play into that.

BUT, it's an appreciation play. 

This property has been a cashflow play, but ideally my next small multi-family (2-4 units) would be similar to what you are looking for in terms of a higher-priced appreciation play. 

Just be ready for the ride...it’s not always smooth sailing, but if you play it right, those jitters can turn into some seriously sweet returns.And if you do end up jumping on a short-term rental in Tampa Bay, just pick up the phone and let's dig into it.

.: @Mike HernThanks Mike, I played that card 2 years in a row and this time I can't find another good reason.

Get Kiyosaki's CashFlow Game and play with the family.  

Playing around with the deal analyzer on the website, it seems like this would be somewhat unheard of.

Costs can be on the lower end if you use more standardized templates, while custom documents tailored to specific deals tend to fall on the higher end.Location can also play a role, with attorneys in larger cities often charging more.