It is also typical to have 3 or so outlets on one 15 The circuit and circuit breaker that you tripped have a capacity of 15 amps, or 1,800 watts (15 amps x 120 volts = 1,800 watts) A hair dryer pulls close to the limit by itself on a 15 amp circuit.As a rule of thumb in counting devices on a circuit you count each outlet (light or receptacle) as 1.5 amps.

I’ve done it before with a property years ago by cold calling every hml in NYC and being told no more times than you can count.

With credits from the seller they could be $3,500 but I'd rather get that as a bonus and not count it as a guarantee. 

Those are the only kinds of places you might reasonably hope to see growth like that and count on it being there 5 years from now.  

Anything 4 units and under count as a single family residence for the purposes of NOI/value/appraisal, so that's very good.

Also remember that the rental income counts towards your income qualification, so if you think a 4 plex may be more difficult due to costs, its actually fairly similar.

@Maria LunaIf you have 3+ years of rental income the bank will basically count that as regular income for loan purposes.

If those lots are not counted in your Certificate of Zoning, you could appeal that they are wrong on the count (but you'll need a municipal lawyer to represent you) or you could go buy a $500 travel trailer and put that on the lot and see if you can get a city approval for electric hook-up (and if not, you're back to the attorney again).

Although, if you have to raise the rent on a unit that is currently occupied in order to make the deal work, I would not count on raising the rent for that unit, and see if the deal still works.

How can we get an current count on DOM, closed sales for an city or county level in a chart format?