Thank you everyone for taking the time to reply to this - i've revised my cash flow estimate to better reflect additional expenses (utilities), a 10% vacancy rate, and property management fee of $295 monthly.

Trying to evaluate hypothetical situations can be very time consuming, and often doesn't reflect reality once the paperwork is actually reviewed.  

Some have already taken time out to reflect on the past year, and to set New Year’s resolutions.

If the property has significant deficiencies (deferred maintenance; missing amenities) in comparison to recent sales of similar property in the area, this will be reflected in the appraisal.  

And, you'll find that some will be burned out and will be interested in hearing what you have to offer.You might also want to consider looking into the 311 database, specifically the complaints reflecting homes with trashed yards, junk vehicles and other nuisances.

The draws are easy, however, I would like to be able to update the schedule via Builder Trend to reflect how much is due and when as projects are constantly changing.

With the upcoming holiday I was reflecting on what I am thankful for.

The first report reflects me staying in the duplex and the second report is with both units rented.https://www.biggerpockets.com/calculators/shared/9...https://www.biggerpockets.com/calculators/shared/9...

Make sure you are getting an earnest money deposit from them that reflects they are serious about buying.

I have $1,000 to give my landlord today, but am short $355 (my commission from a sale was not reflected on this check as I anticipated) My anxiety is through the roof.