We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

  $36k - $16k = $20k or $1,600 per month net income left to cover all other expenses...same as above.Median household income in the US is over $80k or more than double these two zip codes.

I would also INSIST that the seller have independent legal representation before I entered into a contract with an owner occupant.  

They have to go overkill crazy like this in order to cover their butts.....Once again, this advice is worth exactly what you paid for it.....

Liability insurance covers negligence.

So, often times even if 1 or 2 of the units in the building are not generating any rent, the remaining rents are still enough to pay for all of your property’s expenses and you don’t have to come out of pocket to cover them.

This fee covers all other services from us including underwriting, appraisal, legal, wire transfers, etc.

I personally used a 40k ADU grant with CALFHA HPP Cares that covered a chunk of the cost.

The UP is a pretty far away place though for most people so we don't have representation for a lot of things you'd normally find in most places.

Their clear incentive is to bet on falling interest rates between now and debt maturity.A small handful of owners are forced to sell due to a looming balloon payment that a refi won't cover, but you're not going to find one of those by driving the market when any commercial broker can just look up properties on that basis and start making calls.