Looks to me that this is an amazing group with mounds of knowledge and perspectives.

We did not agree to liquidated damages for early termination - given the exclusive nature of the community, the extremely high commission cost, high property costs (taxes, HOA, etc) and the fact that it can take anywhere from 3 weeks to multiple months to rent it out (at high carrying costs) - we depend on stable multi year tenancy for the numbers to work out.It’s critical that when the tenants renew, they stay for another full year.

We have shortened our DD to 3 days but I would like to learn more from the perspective of the listing agent as to what would precipitate such an outcome.Thanks so much!    

In the small amount of experience I have with appraisers they have always included those numbers which means the bank is still going to be requiring them from a calculation perspective, unless I can justify somehow not having the appraiser include them.

I would want:--A history of multiple properties managed with good reviews.

I work for gkhouses, so I am a bit biased from a property management perspective.

My goals is to own multiple duplex/fourplexes in that area and I want to start out of the right foot."

My plumber found multiple areas that are corroding once he took a close look so just fixing the one pipe which was my original plan doesn't seem to pencil at this point.

@Swati V PatelIf the 401(k) owns the property, all all expenses will need to be covered using 401(k) funds.Whether to invest in multiple units or just one unit at a time comes down to how much funds you have to work with and whether or not you want to start out slowly.

If it does include that - I would use that valuation.There are multiple methods the IRS allows you to allocate the purchase price between building and land.