We are brand new to real estate investing and are not sure how to go about this deal.

Whether you have a deal under your belt or not.

I recommend going with conservative number as you're analyzing and see how that works out for your deal.

Most likely you want to stay away, we've had a few deals with 1 meter and multiple units, the city shut it down and made the owner convert those units or stop using them altogether because electric was one meter.

Feel free to reach out if you have any questions about certain neighborhoods, finding off-market deals, or networking with other professionals in this space.

You can find deals, but they don't drop in your lap. 

I think that is fair deal. 

Here is the fee structure:- Flat fee of $595 per transaction (deal over $1M has a higher fee)- 100% commission to agent- Free E&O insurance $1M for every transaction- Updated forms for buy & sale transactions (similar benefits as from the NAR membership)- Annual membership fee of $109X3=$327- No mandate on NAR membership ($550 per year in MA.  

In these initial stages, focus on building your core4 of agent/deal finder, lender, property manager, and contractor for the market.

If you look at the report, this deal has such a low CoC return due to a high amount of expenses.