The 2nd "full" bath looks like a 3/4 to me so if that is the case you will either have to upgrade that or take a hit on rent.Why not just buy one of the available multi families in the area for $10-70K less and put that money into upgrading it if you want to have flashy modern units?

This year I have two groups of students on a waiting list to see if our newly renovated, energy efficient student house will turn-over in the summer {@Al Williamson are you reading this ;) }Another scenario where we advertise before a property becomes vacant is when we have a term lease and we know the incumbent tenant will not be staying {either because they have informed us, or we have decided we will not offer them a new lease}.

That doesn't even hit the classical 1% rule of thumb, which I think it overly optimistic.

This will sort out how efficient they are and how fast the title company is.

I also give 6% EM to show good faith - so when **** hits the fan (it always does somehow) the seller knows I am serious and has always allowed me time to get it done

It needs tuck-pointed and painted before I can try and sell it, but we're in the middle of winter and getting hit with freezing temps week after week.

You can screw up and be hit with a HUGE tax bill from the IRS.Yes, you still should keep separate accounts.

May be best to start with small local banks and credit unions etc.These will be easier to access than the Bank of America and Wells Fargo's of the world.Also hit the bank you you do business with as a starting point.

Is what I'm doing really what I want or is it just so I can fit in and be "normal" this book opened up my eyes to see what I really want and that is to be self efficient and to be free, from all the restrictions society has put on all of us.

The new management told him to hit the streets because he didn't have a degree in a banking related major.