Anyways, zip code is 98503.Information is as follows:Total monthly income : $5545Five units at $725 / monthTwo units at $675 / monthOne unit at $595 / monthAll units are 2 bed / 1 bath @800 square feet eachCoin operated laundry (income from this is not included because it was not provided)Consists of two 4-units on one parcelAnn Tax: $4100Wtr/swr/grb: $5256Insurance: $289625% down payment with ~4.5% IRAssumptions: 5% vacancy, 10% for maintenance, 5% for Capex, 10% management fee.

What are the consistent time-eaters in your due diligence?

Hilo, Hawaii - big island

My clients are consistently seeing annual returns ion the mid-teens.

Hi, I was wondering if anyone has any experience in buying a house in Long Island, my plan is to buy a 2-3 bedroom, where i live in one and rent out the others.

I found rates and terms were much better when I used a local bank (specifically a bank that operates on the island).I certainly agree with establishing an LLC to conduct business but you'll want to be careful how you operate so your day-to-day activities don't cross between multiple companies and deteriorate the value of the LLC.  

I think it would also give me a leg up on the competition to keep this house rented consistently. 

There are few units for sale but in a community properties which consist of association fees and policies.

OREIA is going on right now through Sunday at the Great Wolf Lodge in Mason (King's Island).You should attend if you can.  

All of my flips I have managed for my investors all have an A or B look which will consist of same finishes respectively.