What I didn´t understand is that you pay 1 year of insurance in advance, plus 3 months insurance for escrow, plus every month from the first month you will still pay insurance.

Quote from @Alex T.: @Mike Smithy And just realized this is a 3-year old post...womp, womp.

Without trying to justify the big leap into the game, all partners are fully prepared in all aspects to commit to growing our business and be bound to the by-laws of the corp.

Slow Joe and Immunity Donald T would never, never allow this to happen on their watch.For the "crash", on REI, it'll fall inflation adjusted.

Plus our cleaner, who we love, can't commit to Sat turnovers each weekend.  

Here are the Positives:Upfront Payment: The tenant’s offer to pay the full year of rent upfront, along with the deposit, shows a commitment and provides financial security for you in the immediate future.At least She was Honest in Her Communication: The tenant has been transparent about her situation, which can be a positive sign of reliability and sincerity.My Negative Concerns:Her Future Financial Stability: It's only a one-year lease, if her medical condition and financial condition should worsen (Heaven forbid), you may have to face her wanting out of the lease earlier than the 12 months and eventually you may be faced with having to decide not to renew the lease (after her 1 year contract is expired) based upon the sad news of her condition becoming worse, (Heaven forbid).  

I would t go much lower unless you can estimate rehabbing accurately or bear in mind the asset class to vacancy and other variable cost issues rising.

Purchase price maybe $120,000  a door, that seems high to me for 70s product, but I just don´t remember prices at that time.   

Quote from @Henry T.: There should be a law limiting how close a tree(or type of tree) can grow near a property line.

Understand that it takes time to build cash flow and wealth, but if you commit, one of the best investment vehiclesGino