If it's like, 100+ units, then 8 units doesn't make too much of a difference unless the numbers are there.Also, 2ba vs. 1.5ba, you're looking at increased initial buy price, PLUS likely higher maintenance costs going forward.

Preventive maintenance will save you so much $$ in the long run.Trouble accessing unit? 

Very low maintenance property.

Finance - $164,500 @ 4.5% $ 10,008 Maintenance $ 2,400 Insurance $ 1,641 Taxes $ 1,372 Rent $ 18,000 Net Profit $ 2,578 NOI 70% DCSR 1.26 Any thoughts would be greatly appreciated.

@Austin Faux,Sounds interesting (I'd be sure to check the liens, back taxes, and deferred maintenance).Also, you should reach out to @Paul Thompson, @Eric Metz, @Thomas Chapin, and @LaTashia Rose since they are active north LR.Best of luck to you!

The only permissible expenses that can be paid using proceeds from the sale of your relinquished property are routine selling expenses. 

They have become a morning commute routine!

The first transfers 5% of gross rent to an account called "Maintenance - Prepaid".

@Mike F. the older couple seem really nice in person (even though the woman may prove to be a little high maintenance).

Purchase Price is $105kDown payment is 10 percent via seller financing.Interest rate is 5 percent30 year noteExpenses All utilities paid by tenantSewage bills are $54 per monthInsurance is around $90 per mouthMortgage P&I is $507.30Assuming 12.5 percent vacancy --- $275I will be reserving $220 to cover CapEx per month for all 4 units10 percent for routine repairs --- $220.