(In advance I know some of the variable expenses are fixed and the fixed are variable.)Fixed expenses: Electricity .04653 Water and Sewer .0167 Garbage .0352 Property taxes  HOA's .05 Heating .045 Monthly insurance .024 PMI .01 Variable Landlord expenses Vacancy rate .06-.09 Repairs and maintenance .02 Capital Expenditures .08 Management fees .083 Depreciation (1/27.5)My question is this.

Have you calculated the monthly expenses and capital expenditures for the property? 

@Stone JinSo in my scenario we are talking about $156 (13%) for property management and $120 (10%) for capital expenditure and vacancy, correct?

You also should factor in Capital Expenditures (Cap Ex) for the replacement of major systems.

Such as ARV, and the repairs, vacancies and cap expenditures.

By deal making making sense, I am referring to a one that is priced below market value and is cashflow positive, after accounting for PITI, PMI, maintenance, utilities, vacancies, capital expenditures, acquisition & disposition costs, etc. ; further, a deal that after conservative calculations can yield an above-market cash on cash ROI. 

Some are desperate to sell and pay off burial or medical expenses.

Profit and Loss by Class lists my revenues and expenses but of course does NOT include principal payments and capital expenditures.

Account Closed yeah I've been selling a lot of fourplexes lately and they should all cash flow, even with appropriate numbers for vacancy, utilities, repairs, capital expenditures, and property management.

No idea if that happens in your area, but the seller could get regular monthly paychecks and avoid large capital expenditure taxes by being the bank for you.