These calc's provide me with some details as to how to price my rentals in following years, but other than that, they too are not of great value to me. 

Usually we do a compensation package that is detailed to the needs of both.

Thank you Shiloh for your detailed explanation.   

I will PM you to discuss more details!

To keep this post shortish I won't get into the details of how I justified doing this deal but everything else went well until 2 weeks before closing.Two weeks before closing, I get a call from the lender that they have some changes that need to be made to the appraisal that The Bank made on the house, but The Bank didn't have access to it anymore.

PM me if you'd be interested in further details and I would be happy to share the thought process on my end.Congrats on finding what sounds like a great deal!  

Detailed electrical compliance along with the long overdue & more stringent fire safety requirements such as fire sprinklers & 24/7 first responder alarm panel systems etc.

TaxesInsuranceMortgageLoan acquisition costs (settlement fees etc.)Utilities during rehabMileageRepairsCapital expenditures (detail what it is & cost for each because different life for each)Meals MarketingService / laborOther / misc.

"$20-25k for spiral stair case install and remodeling of attic = $542,500"Details please: What were your costs to repair/rehab each apartment, common areas, and top floor/attic apartment? 

😊I did not see that my brother posted these details already whoops