i am looking at pair of quad plex units on the same property.they are asking $330,000 for the pairthe first chart is off the sellers numbers                                       MonthlyAnnualIncome:$4,500.00$54,000.00Vacancy (10%):$450.00$5,400.00Management Fee (9%):$405.00$4,860.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,666.67$20,000.00Other Cost:$375.00$4,500.00Cash Flow:$911.67$10,940.00Net Operating Income (NOI):$952.17$11,426.00 i adjusted the number and added mortgage payment                                     MonthlyAnnualIncome:$4,500.00$54,000.00Mortgage Pay:$1,409.16$16,909.88Vacancy (10%):$450.00$5,400.00Management Fee (10%):$450.00$5,400.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,250.00$15,000.00Other Cost:$416.67$5,000.00Cash Flow:$-167.49$-2,009.88Net Operating Income (NOI):$1,286.67$15,440.00 i over figured vacancy to cover one unit empty per month.other cash flow covers trash and waterthere are a total of 9 units. i know i am problem not giving you enough infothis would be my first investment property and i am a little gun shy of the deal

It seemed very encouraging and their operation philosophy is aligned with my philosophy. 

I used to do all day to day operation at one of my facilities and since bringing them on board, I now field about 5% of the inquiries rather than 100%. 

I want to make sure that I am operating legally and stuff you know?

I created a FB page (Military Owned And Operated Rental Homes) for all active duty military members to list their properties for free.

This is a pretty strange situation, but I like to hear opinions.So, I had signed a lease from January 7, 2017 - January 31, 2018. While I truly wanted to move out earlier in the year, I opted against it specifically b...

There are definitely benefits to going larger with regard to operational efficiencies.

However, I prefer to calculator myself in excelCap rateCash on Cash ReturnBreak even Point (time and dollars)Net Operating IncomeIRV formulaDebt Coverage RatioInternal Rate of ReturnReturn on equity

I can not guess what score any individual may have therefor reject any applicant that does not have a score.One principal I have always operated on is to never work to try and make a applicant acceptable.

I know this question is a bit loaded but any opinions are welcome and appreciated :) Thanks