Sure, the cost to reno and repair may be more, but over time what would be better to provide more significant cash flow, -- stating that all these provide similar cap rates, repairs, etc. -- I assume the 24 unit. 

Followed promptly by a call saying that they needed to assign it and that they were just not going to make money on this deal.

Both structures have their separate utility meters.The main house was leveled in 2003 so that will need to be taken care of; 4.5k. 1.5k for drywall repairs after the house is leveled. 

When walking a house, how did you start with learning repair costs?

Repairs.

Your CapEx amount may need to be higher depending on the property age and condition.Why is the ARV $220K when you did not include any repair/upgrade costs?

i have thought of that, the other is way upside down an old model repair weary BMW,  i make a good enough money to say above Northeast rent water. 

Risk thresholds are very different for everyone.We had one listed for a client at the end of last year, but we saw it get pretty saturated, so we had them remove it, do a few additional repairs, then we relisted. 

(Currently switching all failing appliances to stainless, no repairs), A new fridge or washer/dryer can make all the difference to a tenant looking for a place to live.  

That 50% number includes things like maintenance/repairs, advertising, property management, water/sewer, utilities, vacancy, and yes, taxes and insurance.