Got 12-13% cash flow not counting loan pay down.

I got to say you have shared much experience, knowledge, and goals to strive for not only on a post count but your business as well!

Does the remainder count toward the total depreciation amount?

New investors can almost always count on going over budget by 10% or more as they typically miss items or underestimate the costs.

The majority are 8-units & some have 2 or more buildings per lot (I counted 43 buildings).In the last 4 months I  have only seen a short lived vacancy sign on 2 of the buildings.

Now I'm not counting on working with him, but you never know.Anyway, my reason for posting this is to get some insight on valuable questions to ask him.

You can establish your unit count by using the units per acre permitted by the current zoning times the number of site acreage to determine the total units allowed by right.

@Peter Vazquez, a 1500 count mailer one time is a longshot to produce a deal. 

For USAR/National Guard members to be eligible, they must have: 1) Served at least 90 days on active (Title 10) status or, 2) discharged from active duty with a disability or, 3) Served 6 years in Reserve/Guard status and be discharged honorably/placed on a retirement list.I'm almost certain Basic Training & AIT will not count for the first criteria as you'll probably go under temporary duty orders from your state.HOWEVER, I do concur that the VA Home Loan is an awesome benefit if you one day become eligible for it.

Not all banks count rental income the same, or will allow you to take higher percentage of equity out for a refinance.