My partner and I are in negotiation for a 6-unit property in NE Ohio, below are details: 4 rented, 2 vacant / average rent $735 (4 rented units $720, 2 vacant $775)Owner pays water, sewer, trash2 br, 1.5 bath, roughly 900 sfGarage with door + extra parking areaRoof in good shape, air and furnace in good shapeRealistic gross all units filled: monthly $4,400 / yearly $53,000We walked through both vacant units, very clean and basic.

If the property is currently a meth lab, the condition of the prop alone should deter anyone from buying it (unless these meth guys are extremely clean and responsible).

Thanks to all of you ...I currently use a rental company but was curious as to what of those who do their own rental and hassle with cleaning and maintenance between customer stays did.I pay 20% and my HOA is $750/ month..making it hard to make a profit

The upside positives are slight increase in rents, flipping electric & heat back to tenants, renting out the 8 storage units.The future rents , with increase, stays in line not to overprice..... compared to home ownership.The property is well in the 1% rule.

Raw land, municipal water hooked up, electrical pole on site, flat/level, problematic trees felled, some fruit trees, backs to National Forest, salmon/steelhead hole, no structures. 180k, 70k down seller financed for 5 yrs at 6%.

No points, clean flat 15% no matter what not even APR. 

@Stone Jin Looking for a complete remodel with an addition of a shower in the master, complete electrical and plumbing with one wall coming down to open up the kitchen.

The electricity is killing you.

You'll need an electrician too if you have electrical issues which I did not have. 

I have all the architectural, engineering, plumbing and electrical schematics complete and ready to begin.