I ran those numbers and they are even better.

@Christopher Lynch I evaluate a house hack the same way I evaluate any other rental property, because the intention is that some day, ideally in only a couple of years, I will move out and repeat it, so the first property will end up as a pure rental anyway.So I need to make sure it stands on its own in that regard, and I figure market rent for “my” unit in my analysis even if I’ll be living in it myself for a couple of years.As far as “rules”, I have used the “50% rule” a lot, especially when doing an initial pre-screen of multiple properties to determine which are worth spending more time on, going to the next level of detail, maybe going to loook at the property, etc.I only do so because it seems to have a basis in reality often enough to be useful in my (our) market right now,  both for my own properties and some other local investors I compare notes with periodically.

I had one when I ran the roofing company - and someone (one of my guys?

It was flagged a nuisance property before I bought it and the city was really cooperative with me on removing it but another property I have in Apopka has been ongoing for 2 years so I decided to sell 42nd Street and concentrate on my other one.

Now after I ran my numbers after losing this week and retaining the deposit I will be in the negative by a little . ( and yes my help gets paid its not their fault and they have bills) .

Then I ran out of money.

Use loan servicing for ongoing compliance.

My wife and I are planning on going to the meeting on Thursday and would definitely like to meet up and talk about our local market. 

Yea i been working for them for 2 years now and before that I ran my own contracting company for a year and a half managing a 452 unit property.

I just found this post and wanted to check in on your further thoughts and plans regarding your property since the lease is coming up...I have eye-balling small multi-res in the Sacramento-San Francisco corridor and also up to Chico...cap rates (5% or so vs 4%-3% in SF) have kept me from pulling the trigger.I see you have/had an interest in moving into multi-family and would like to know if you plan on going out of state or staying in California.