The inspectors gonna say yep the cabinets function and no water damage under the sink.

They are also really cool so they may be willing to help out.Sid

They want to sell each duplex for $60,000, but working with the Rental Calculator and increasing the rents to $600.00 each, I came up with the following:Purchase Price: $57,000Income:              $1,200Vacancy 5%; CapEx 7%, Repairs 7%, PM 15%, Property Taxes $158.00; Trash $30.00; Water & Sewer $60.00, Insurance $110.00, P&I $231.79 (after putting down 25%). 

LES and East Village are cool but you wont find a place for 5 there.

The seller is under water on the house and is in the pre-foreclosure stage.

For example, I was buying a house  and I warned my realtor that I will be coming probably a month in advance and asked her to make sure The seller turned electrical on and water.

Cool thanks for your replies because I built a platform www.allmetrorentals.com  and its been hard to get users to list their properties and to get a MLS Agreement for a IDX seems nearly to impossible because I don't know any brokers personally

I have a lead on a 10 unit studio apartment complex and upon further digging, the landlord pays all electricity, gas, and water.

So here's the scoop a four unit with rent at $425 for a total of $1700 a month, asking $124,000.( owner pays water)It took a couple of weeks to get the cash flow report.

It's not an original note state.Or...you could just entrust all of your life's savings to someone that will do all that for you and take a piece of it in exchange.When you've done all that, jump in the water.