After George Air Force base closed, so did a lot of Businesses, Growth in the area stopped almost overnight. finally started to pick up again in about 2004 then all of the sudden home prices in the area rose 300-400% between 04 and 08...

(A 3 family would be 4 units counting the exterior, so use $24,000 as a base number to negotiate with.)There;s also a database online you can check to see if the unit has ever been inspected.Good Luck!

Hi Jordan,A business partner of mine is working on a calculator that estimates the costs associated with holding a property, based on constantly updated real world data. 

I'd do a landlord insurance policy and umbrella policy regardless.2) I may cash out refi the second and third duplex (both bought in cash) if/when interest rates drop to buy my dream home in the next few years. 

I am basing my calculations on the lower number to be conservative.

These are not actual numbers but just for illustration purposes - though look quite realistic for the market I am considering based on Zillow, FurnishedFinder and other sources.Vacancy rates for MTR are low due to an acute shortage of nurses. 

Your agreements with contractor should be based on a schedule of values and when work is completed they get paid.

My net worth dropped 30% in a year, but my income increased.)OTH: yesterday, with half as much in stocks I managed to lose almost $20k.

Usually we get loan with little to no pre-pay penalty and maybe they hit 4.5% cash on cash return going in and then when hopefully rates drop in a year or two they can refi and push cash on cash to 6 to 8% while being passive.   

I do think it takes far more time to master pricing than you make it sound because pricing based on beyond / price labs etc. is really bad.