these are just the recurring fees.

The roof itself still appears to be in decent condition, however, we are worried these recurring leaks may be a real cash flow killer!

CapEx is building improvements/repairs you can't expense (is take the whole cost in the same year against your income), but have to depreciate (ie a new roof you would take, I think, 1/7 the cost/year for 7 years).I don't know if I'd include these in C-C since they're not really operating (ie regular recurring expenses) and you should be taking something out for reserves to pay for these on an ongoing basis.

The other 2 are not recurring  and not passive  #4 Bought Below Market Value , #5 Other Value Adds (Not Renovations).

First off for some reference before you get into the Example: As you know there are at least 5 different possible "sources" of income when buying any kind of Apartment, multi family or single family real estate deal. 3 of them are recurring and passive profit each year #1 Cash flow, #2 Principal paydown ,#3 Appreciation. 

We use Yi cameras, which are inexpensive and have no recurring fees.

It is a recurring theme I have been seeing and I have to think it has negative effects on their business.I personally remember when someone has treated my time as less valuable than theirs.

It is a recurring theme I have been seeing and I have to think it has negative effects on their business.I personally remember when someone has treated my time as less valuable than theirs.

So we know each others voice and we use the secret code then run through all the numbers to double check.. then on top of that we verbally confirm with title company or vender we are sending to.. if its a recurring wire we just double check that no one spoofed the numbers before they do out.. 

I made sure to ask for 2%, $3,500, of purchase price to go towards my recurring and non-recurring closing costs covered by seller.