@Cameron Knight I'm right next door in VT, and don't keep my properties in LLC's and just use a good umbrella policy.

:) Some companies won't do it any more, and its a lock on a bedroom door, locked file cabinet & shredder. 

I put cap ex at 1000 per door a year ball parking it so 160 a month I am not including the studio in these evaluations because I will live theremaitnance as 85 a monthvacancy of 160 a monthSo over all looks like this so far.40k downprice 158500rents 1700 monthtax and insurance 560monthcap ex 170 monthmaitnance 85 monthvacancy 160 monthall together 975 a monthsubtract that from both units rentAnd there is 725 left over enough to cover the principle and interest and leave like 100 bucks left over for my utility's and such.current owner says the coin laundry downstairs covers the water and tenants take care of there electric and suchNow just 100 left over isn't much only 1200 a year not a very good return on 40k but when I move out and instal a fire escape in the studio as I live there I can rent that for another 550. after I adjusted the numbers for the studio this deal looks really good because I am able to keep pretty much everything the studio would produce.I'd get like 6k a year and get a 25 percent cash on cash which sounds as delicious as it can get.It is in a working c class class area. on the worse side of it. that's were most of the duplexes in the area are to be honest.

Then how much do you want to make per door?

I want to thank the collective wisdom of bigger pockets community that enabled me to grow from 13 doors to 75 doors in 2 years while also holding a full time job in technology (I own and self manage these properties with a 50% partner).

Wondering if this offer is competitive to what you've seen in the market, particularly with the $150 per door up front payment.

Is there anything else I need to do or instruct the tenant to do before they can assume control of a business on our property?

Here are the numbers on this deal along with some before and after pictures: 3 BR, 2 Bath, 2 Car attached garage, 2104 square feetPurchase Price (including closing costs) $82,184.00Sold Price $209,000Total Rehab Costs $60,000 – Kitchen update, both the full baths, new flooring on the main level, new carpet throughout the house.

I see myself having flyers, postie notes, door hangers.

To be honest, we mostly just relied on our long-standing affiliation with garage sales as our guide, since we had no idea about REI.