The inspectors gonna say yep the cabinets function and no water damage under the sink.

They want to sell each duplex for $60,000, but working with the Rental Calculator and increasing the rents to $600.00 each, I came up with the following:Purchase Price: $57,000Income:              $1,200Vacancy 5%; CapEx 7%, Repairs 7%, PM 15%, Property Taxes $158.00; Trash $30.00; Water & Sewer $60.00, Insurance $110.00, P&I $231.79 (after putting down 25%). 

The seller is under water on the house and is in the pre-foreclosure stage.

Considering Palm springs and Big Bear as a vacation rental property.Any feedback would be greatly appreciated.

For example, I was buying a house  and I warned my realtor that I will be coming probably a month in advance and asked her to make sure The seller turned electrical on and water.

Spring is here so we can finally thaw out and find some deals.

I have a lead on a 10 unit studio apartment complex and upon further digging, the landlord pays all electricity, gas, and water.

So here's the scoop a four unit with rent at $425 for a total of $1700 a month, asking $124,000.( owner pays water)It took a couple of weeks to get the cash flow report.

It's not an original note state.Or...you could just entrust all of your life's savings to someone that will do all that for you and take a piece of it in exchange.When you've done all that, jump in the water.

Purchase price: $240,000 Cash invested: $63,500 Contributors: Tara Shedden Self-managed fourplex; landlord pays water, sewer, trash, landscaping, snow removal.