They all rent for about 1000/month.My monthly PITI is 2800.00I add in my snow, building electric, oil on two of the units ($1200), water/sewer ($1200) etc and I come to a yearly expenses of 37,000.It will earn 48,000 in rent plus about 1500 in washer/dryer fees.So I have a cash flow of 12,500.

did you run electrical yet or have conduit imbedded in the foam ?

Regarding it being a defective stove.....If it's electric then that should never happen but on some gas stoves the broiler is in the bottom drawer.

Then, changed the electric from 100 amp to 200 Amp.

Your right the rehab does seem too low, its been Vacant for a good time now.And current properties around the said property pay only Electricity

You could itemize the work into specific areas such as painting, electrical, carpentry, roofing, drywall, flooring, appliances, caulking, plumbing, trim, siding, etc. in order establish the amount of work involved in the restoration.

Taxes would be $14K, up from $7400 the seller is paying, based on list priceGarbage annually - $3KLawn care annually - $1000 (lawn care is actually quite cheap in South Florida)Electric for common hallways and laundry room - $2400 annuallyWater/sewer landlord pays - $4K annuallyInsurance estimated - $6K (probably too low)Paying misc. maintenance, paying a management company and paying pest control for what the brother supposedly does for free - my estimate would be nearly $10K a year, probably moreMy NOI based on estimates is about $30K annually, not including debt service. 

Landlord and tenant had a dispute over the tenant paying the portion of the electric bill that the landlord allocated to that tenant's unit, since there was only one electric meter in this multi-unit rental property.

Electrical wiring for all but safety systems is not necessary, the findings were that corrosion occurs to a small degree on the outside but not to a degree to effect safety or performance.

You don't want to get into a project that needs things like walls moved, adding and removing plumbing and electrical.