The closing costs would be 19k with 5k in prepaids, with 14k in closing costs including broker fees.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

And while grabbing an owner-occupied loan is typically a non-starter in a standard 1031 transaction, this is a mixed use property that does include a personal residence portion. 

You will get an easy-to-read report every month and a 1099 at the end of the year.

Or one of my favorites... the tenant reports the roof is leaking.

I only make 40k per year not including this particular rental.

We use everything we can do to provide more exposure and potentially find a quality tenant, including MLS.

based on what I looked at with the calculator the mortgage is around $2400 monthly not including extra fees. if rent is around 2000 a month you'd definitely be under.

Does anyone have a sample and what points would you include?  

I have investments that send on-time quarterly reports with documents like rent rolls, expense reports, detailed explanations of whether we are in line with initial projections or not and if things have been improving or not and why.