Fine for while you lifve there, but if you plan to move out at some point at make this a pure investment property, you want to account for management.Lawn care and snow removal?

It may not get into the fine details of RE investing but the overall concept.

It was fine at first, because there were some pretty sick amenities that came with the apartment, but as winter came, the pool closed up and the city became less attractive because of how cold it was.

My gut is saying its fine but my inexperience is saying ask bigger pockets.

I would bump that up to 5%.Water and sewer seem fine.

Hey @Mark Gallagher, my first cancellation got his refund just fine, but the damage deposit I charge has been held up for some reason.The second cancellation hasn't said anything about not getting a refund.

As far as debt is concerned, I think most in multifamily should do fine.

You should be fine.

@Sebastien Beauboeuf As long as you have reserves and prepare you'll be fine.

The numbers are fine, not spectacular but I felt good at the time.The financing is not yet final as I haven't yet gotten insurance.