Without getting into too much detail, the cost to build right now is astronomically high and this is putting upward pressure on the market.

Now, I just look for low-cost turnkeys. 

So I strongly recommend people know who and what they are dealing with - saving $5-$10 a month can cost you a lot more in the long run

Yes, you can ask them to be out by 10/29, but if they don't leave what will it cost you in terms of eviction costs, lost rent, damages, etc.2.

Will not having the correct reserves to deal with 100 year old repair costs potentially cripple your portfolio for a couple years?

AI can connect you with our cost segregation specialist if you have any other specific questionsGino

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

However, where utilities are combined there is no easy way to estimate the cost because there are too many factors at play.

@Tim JohnsonThere are essentially two ways (and a few variations) to purchase this deal, depending on how the owners are selling it:As a going concern:  In this instance you are buying the business, so it is the business you evaluate: assets, liabilities, revenues (historical: 3 - 5 years), operating costs (historical: 3-5 years), future financial projections, goodwill, etc.    

Cost is mostly legal, with about $10K - $15K being average.