There is not a deal behind every door

When I feel that there is something that it will take me longer to do, or that I don't want to do, I hire it out.

Get seller to subordinate a couple of doors to make it easier to get the money you need in first position.

Also, I actually forgot to check the windows, but the external doors were original, so the windows probably are as well.

Looks to me like you would get about $715/mo or $120/door cash flow and a cash on cash on 15%, so looks like its worth an honest peek at buying it to me.

When I apply an honest 50% rule, the monthly NOI on 3 doors is $188 ($62 each) and it would take 92 months to recover my cash.

Freeing me up to see the big picture.Opening the door to new ideas via a ton of books from Amazon.

Code varies from area but here a smoke detector is required within X feet of a bedroom door so this makes 1 detector per floor.

Same tenants who take their shoes off by the entry door when they come inside.

Kevin,A 7 unit is a tougher sell.It's just over the 5 unit threshold but not many lenders like to play int hat space because of the small fees they make.When you go up in unit size and price more lenders are in the marketplace for multifamily.What was your 7 unit priced at per door??