I would recommend utilizing the free landlord software that is out there that can provide you with rent estimates for your area, market syndication and online applications/screening.

.$0 in repair costs is a stretch- especially if you plan to increase rents...you'll need to justify the higher rent and that typically means improving the condition of the property = $$Your upfront equity position isn't great, but it looks like you'll start with a bit of equity...and if you decide to improve condition you can force the value as your NOI increasesBoilers are find if they are modern...looks like yours was replaced in 2017- definite positive5.3% on the loan doesn't look too bad...your DSCR is 1.15 ...most lenders will require this to be 1.2++ Vacancy is relative to your local market...not sure 5% is the right number to use or not...I look at CapEx different for year 1 and consider it an up-front out-of-pocket expense...but it looks like your units are in good condition so 5% may be right...maybe high...Water and sewer (and other utilities) seems low to me, but it's specific to the area...and maybe just for common areas?...

Just curious what area did you end up picking up your quadplex? 

The vanity, which i picked up from home depot, was the option i went with only because I had "tried to put myself in my potential tentant's shoes" and thought that with the small size of the bathroom and no medicine cabinet where would my tenants put their bath things and would the rental be less appealing without any real bath storage.

If you can move into a place and work on it, saving yourself overhead, protecting your project, those can be good things and you'll also meet the neighbors and probably pick up more deals that way. 

I also include utilities in the rent so adding a second person increases the utility usage and costs me another $30 or more a month.

After all, many of you are all about price point and numbers, but to the seller an offer of $25K for a home worth $50K is not enough to pick up and start a new life somewhere in California.

I’m renting rooms in my house for $725-$850 with paid utilities.

Build long term wealthI have been listening to the BP podcast for about 2 weeks now and picking up a lot and not slowing down!

There is very little effort involved besides picking up a rent check.