That's a big plus for a seller being that you do not have to worry about renegotiating a contract if the property does not appraise or if the buyer asks for inspection items to be fixed.

Now, one last thing... if the item(s) that are damaged are brand new, the settlement may end up being close or exactly the same in the case of either RC or ACV... this is because there is essentially little or nothing to depreciate.

You need to make yourself actionable items each day and work to complete them until you find yourself diving in.Feel free to reach out to me if you have any questions!

The number fits my plans but some items I am not sure why they are required.

More tenants to deal with, more items to break/repair in the quad then the duplex.So for me to choose the quad I would desire it to have close to twice the benefit of the duplex (i.e. twice as much cash flow and/or twice as much equity gain). 

If you incorporate these items in your tenant application, it will help you to screen applicants more efficiently and filter out the deadbeats.Good luck!

Every business model is different, choose you manager carefully and remember; you are the boss, you set the standards... you are hiring the manager.

Those are our two hot items right now, and by the way they all came from an absentee owner list I purchased through listsource.com.

Any major factors here to be concerned with as I model this?

My plan is modeled after some very tried and true investment strategies of successful family members.