Over 27 years for example you are likely to need to cover over 75K+ in expenses, whereas at 5% of receipts and 3% rent growth rate starting at 900/mo you're only likely to reserve 20K....so your reserves should be closer to 20%.

If it's fairly simple and inexpensive then I would do it, when you get ready to close.  

I currently live in SF, so I understand the difficulty of finding deals in expensive markets. 

(basically just shoveling walkways etc)Looking at $87,024 in expenses before cap ex, maintenance and management.  

For 2 reasons, one the market is more inexpensive.

That's exactly what I was looking for -- Inexpensive and something that will really help the curb appeal of the building.

We have a Sears scratch and dent store that has good prices.Fridges you can probably get good clean inexpensive ones on Craig's list or Facebook market place.

They often use inexpensive poor quality materials as they create carbon copies of these properties to sell as quickly as possible before they move onto the next one.

They often use inexpensive poor quality materials as they create carbon copies of these properties to sell as quickly as possible before they move onto the next one.

They often use inexpensive poor quality materials as they create carbon copies of these properties to sell as quickly as possible before they move onto the next one.