That's the value of the business component of the sale.In larger companies (roughly $10M+) , there is a different method called EBITDA - earnings before interest, taxes, depreciation and amortization.To that SDE value, we add the value of assets (vehicles, machinery, etc) and real estate, if any is to transact. 

New tenants now have their own accounts again.There are pros and cons to both methods for sure.

Thoughts on this method as a first time property owner? 

I gutted the whole house New Kitchen flooring, paint, plumbing ,appliances What was the outcome?

I gutted the whole house New Kitchen flooring, paint, plumbing ,appliances What was the outcome?

Mechanic, Magician, Mindreader.  2 phase electrical, carpentry, plumbing, appliance repair, HVAC, try to learn something new every day.

Single- and two-story homes, joined in pairs by a prefabricated common core (that contains the plumbing and electrical), cluster around a landscaped courtyard.

The current tennant has been there for 7 years and he's great,  he does ALL the repairs,  I only pay for the larger materials expenses (like a water heater), but he pays for all the smaller stuff,  faucets,  plumbing,  outlets,  etc.   

Don't let schooling interfere with your education -- Mark TwainHouse hacking:House Hacking is a great method to get started.

Looking for advice on galvanized plumbing in a three-story all brick apartment building built in 1950 is there a good way to update these