Being that my brother has rentals in Georgia, I understood the importance of having cash to pay when the property is damaged or needs normal repair.Because of the listing requirements in Mass, I am able to get last years tax payment and I also ask the realtors for last years insurance, so I am taking the monthly rent, cut it in half (50%) and then subtract my monthly insurance and tax bill and am now using that as my "Misc" monthly expense.

Understood.

Just wanted to make sure I understood exactly what you were saying.I hope this helps and have a great day.

I've never understood the argument that multi-families are better investments due to the vacancy issue.

I never understood how to exactly analyze my market.

I did some more research and learned about California's SB9 which from what I understood would make it possible for there to be a duplex in a parcel zoned for SFH.The weird thing is that the duplex appears to have been built a LONG time ago and SB9 was just recently passed.Does that mean the owner had an unpermitted duplex for years and it was recently legalized by the passing of SB9?

Hi David, Totally understood.

One would be a new lease with the terms I wanted and an offer to sign the new lease as long as the rent was paid in accordance with the existing terms as I understood them prior to the new lease kicking in.

Just a word of warning, I have worked with numerous agents as an investor and only one of them really understood investing because she was an investor herself.

I did not realize the implications of this back then but I certainly have understood it now.