Are you referring to CPAs or regular in-house accounting for your real estate?

Since maintenance and repair costs aren't stable or regular, we need to at minimum save for when these expenses do occur.In more expensive markets and higher renting properties we need to save a smaller percentage.

How often will you receive updates? 

I'll keep you updated. 

Also, anyone have any input on the fact we plan on renting the house and keeping the garage.We want to update the electric.

If your parents have been living there for 16 years, it probably has the same flooring, has not been painted and has minimal updates. 

Yes rents can be moved up, and during escrow rent was raised on 2 units 100 each.2 units @ 12002 units @ 1100Here's an update on purchase price. 

The other thing that is helpful is a list of cap ex improvements in the last 5 years, age of roof, Hvac, plumbing, electric, last interior updates, who's managing it, any city hazards/issues 

They just want to collect their interest.Keep us updated on the process, please.Peace!!

Auction sites do not have an ending time as long as people want to make offer often way way over the regular sale.