They have to source off market product to make money and that requires time and expense.....but ultimately is worth it, depending on how many deals they hope to do annually.

Most agents don't work with investors so you can do well if you take the time to learn and be good at it.

I am having a hard time with the math to figure it out.thanks 

As Jay mentioned, massive power requirement that will not get cheaper in time, and along with large water requirements for cooling the rack systems, so targeting locations that provides these necessities is key.

Probably worth mentioning, TurboTax can facility real-time assisting from tax professionals if needed, obviously this will be at extra cost.Hope this helps! 

Also, tenants will often times already have their own washer & dryer units and would rather use those instead of owner supplied W&D. 

At least for the first and second time, after that I will consider other methods.

Hello,I am looking at a mixed use property on Long Island (first floor retail plus 4 residential above) and would like to know when the most appropriate time is to ask for things like audited financial statements, tenant ledgers and/or anything I else I should be asking for? 

Most of the times, who pays the broker fee in Brooklyn, NY (specifically for this market...not rest of NYC) for rentals -- the tenant or the landlord?   

But when you work 40 hours W2, you cannot work full time in real estate as well?