Perplexed....but still communicating.

Up to 10 people on a call.Note I am a Mac user but that does not really matter when using Skype.John CoreySkype is awesome. very reliable in web communication.

now stay focused and channel the excitement and confidence into applicable/Prioritized/Sequential tasks to maximize your next deal. patience is key, but efficiency and balance is also important.

However, investors do have a fairly efficient network that normal residential buyers and sellers don't have, so if you are a seller targeting investors, you are likely to be able to sell without a realtor, but if you are rehabbing and selling to non-investors, a Realtor is almost essential, especially in a buyers market.

In my experience, this is TWICE the stated periodic rent.As ********** said, usually you will give a written notice prior to the expiration anyway, and you should be in communication with them scheduling a move-out inspection.

Adding "wall units", like you see in hotels is an expense of one magnitude and would probably be more efficient than wall units and would probably work more efficiently than the (2?)

p.S.The upgrades that could help future value are:1. seperate utils2. energy efficient windows3. exterior new siding4. spruced up landscaping

Is this building extremely efficient?

Time spent searching for a deal and running the numbers.As you get more experience you will become more efficient.

This would be our first multiple unit purchase.My question is regarding whether the numbers work out to be a reasonable and sound investment considering the criteria provided.35 Unit 3 Level Apartment BuildingPrice $2,550,000 15% downAge - 40 YearsAnnual Income - $336,502Less Total Expenses - $158,954Net Operating Income - $177,548Less Morgage Payments - $141,720Cash flow - $35,827($2985/monthly)Some addition infoHigh efficiency HWG boiler in 2006High efficiency domestic HWG boiler in 2006Thermo windowsUpdated lobby90% new fridgesState of the art security system 17 x One Bedrooms18 x Two BedroomsCMHC insured7.0% CAP Rate 21.9% R.O.I.Existing first mortgage of approx. $1,929,679 @ 4.34% pays $10,819 P&I /month due December 2010