I had a tenant ask if I would device their lease into to leases?  

Most good tenants don’t want to live on a street with a bunch of vacant houses...they won’t feel safe because there will be things going on in those houses that aren’t ‘safe’.

If talking about contracts and W9 scares a contractor, it's safe to say he's not a "good" contractor...Think of it this way, if you pay a contractor and don't get a W9, you could be on the hook to pay his taxes/withholding on whatever you pay him -- is that the type of overhead you want to take on as an investor?

All of the infrastructure was done up front including electrical and plumbing to the area where the other 16 units would be going in.Here are the numbersAsking price 900K, (it was previously under contract for 800K)Monthly Rent Roll is $805010% estimating property management10% Vacancy(it has historically been closer to 6% in this area, but better safe than sorry)Insurance estimating $350.00 annually per unit7125.40 Annual property Taxes.All utilities are separately metered and paid for by the tenants10% maintenance5% CAPEX /Reserves- The first 8 units were constructed in early 2010 so I am not too worried about major CAPEX at this pointWhat else am I missing?

Better safe than sorry.

This only applies if the property you are selling and the one you are buying are both investment property and you have to find and buy the new property within a certain time frame (I think three or six months), but it can save you quite a bit on taxes if it works for you.Otherwise, I'd recommend parking your money in an index fund if you want a relatively safe investment.

Another way that financial advisers look at things is to assume you can safely take out 4% of your retirement nest egg (they exclude rental income) yearly and you probably won't run out of money before you die.  4% of $350K is 14K per year.  

More and more are doing remote closes (which are the best), better be safe and check though.

I had a deposit on this one.. in the day it was going to come out at 950k and I could have swung it... ... but now its 1.9 ... so I won't be upgrading anytime soon.But for MI to buy a corporate ride this is a very nice safe plane ....

Also through the county resources, the deceased is still listed as the owner, and by the history and age it is safe to assume that the house is free and clear.