Could you share with us How long you plan to hold on to the property Expected capital and rental growth rate Vacancy rate Utilities cost Typical cap rates in the area

What about maintenance, vacancy, utilities not paid by tenant (sewer + water), administrative expenses, etc?

The woman held the property for a full 2 years, paying insurance, utilities (including heat), taxes all the while.

This way you know EXACTLY what your material costs are

Get focused material, then come back here when you need clarification.

I have created a Discounted Cash Flow model on excel that utilizes sensitivity analysis, NPV, Profitability Index and other performance ratios so that you can analyze 15 different types of property or property under 15 different economic scenarios.

Total Population within local city of $12,000 each unit has individual meters but for some reason previous owner changed units to master hence owner pays for all utilities.

One of the new provisions states that they may "require manditory inspections, and providing city with back permits, rental history, Certs of Occupancy, and payment of past due capitol expansion and utility fees, SALES AND USE TAXES."

I find myself reading books on investment, real estate, etc. more than I do on the materials I need to read for my classes.For the veterans, do you deem college as a necessary stepping stone for me?

Nevertheless, make your offer based on actual rents.In addition to the items you mention, you'll need to account for vacancies, management expenses, advertising, utilities in vacant units, evictions, legal fees, tenant damage, make ready costs between tenants, etc...