Modified is inexpensive, will compact and deflect water, and with a high point against the house, run water from roof roll off away from the walls/foundation.Hope this helps.

I'm 32 and I only own a single triplex, in a relatively inexpensive metropolitan area.I know that there are probably lots of "late bloomers" here.

I do have a contractor for a neighbor that I have used on my house who is very inexpensive and his work is good.

By making the fixed asset now a Cost of Good Sold, QuickBooks deducts the $42,000.00 in expenses from the $100,000.00 (the selling price) leaving you with an actual profit of $58,000.00, which is what you will pay taxes on. 

I am wondering if it might be cheaper to just buy an inexpensive car to drive around for personal tasks rather than pay the recapture, but of course that depends on the numbers. 

I also received the sellers schedule C today and he makes 24k year from the 3 units 14k in expenses and 10k profit, thats with the rents being so low, I could make the same exact income while living in the 2 bedroom and raising the rents to $1k/mo on the 3 bedrooms.Does anyone have an opinion on the storage and garages?

Is this standard or does anyone own a multifamily with insurance at a less inexpensive rate?

Meanwhile, Amazon sells window AC units very inexpensively, so you could purchase one of those to use while you are without AC in the house.

Does anyone have alternate suggestions on how to get started in expensive/competitive markets like mine?

Do some inexpensive farm mailings with market updates - and please don't do the silly "recipe of the month" thing.