The Contract servicing company("escrow specialists") is forwarding my payments to diTech.

Account Closed Well, maybe i'm not using the definition of turn-key correctly - the property was "near" turn-key as a purchase, but I didn't go through a "turn-key service".

The "ops" company provides services, has employees, and character of risk of loss is different than the holding company. 

I'm currently looking for partners/mentors in Atlanta area to help me get started with this journey I'm not much of a handyman but if anyone needs a network engineer to help them set up an office or get the internet to work  I'm your guy  

Once you approach 10 gpm electric power demands would be prohibitive for standard residential electric services. 

Annual numbers are:Built in 1984 - Seems to be a B class complexPotential rental income $900K-$1M gross6% vacancy ($60K), $20K addition income from vending/laundry - no other amenities, $65K taxes, 5% ($50K) Capex, $28K Insurance, $16K contract services, $90K payroll/staffing, $150K repairs/maint, $6k utilities (tenants pay their own), $10K accounting/legal, $5k advertising/marketing, $100K (10%) PM (is that redundant with staffing?)

water, electricity, and internet included.  

Looking for contractors for make ready service in City Heights.

I currently own a maintenance company here in the Tampa Bay market that services commercial and residential homes through either Realtors, Property management companies,  and large REIT's.

Hi Eric,If you are talking about your personal tax liability (at the federal level), the formula I use is: NOI-Total Debt Service= Cash Flow; Cash Flow+Principal Payments Added Back (on debt service)-Depreciation=Taxable Income/Loss.