Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent  Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?

Got appraisal on Google drive.This is where the challenge stopped, but I wanted to keep taking notes4/28/20217:55 PMSent email to the title company to get the closing time scheduled4/29/2021Confirmed closing at 11 AM on May 4th at the title company4/30/20215/1/202111:15 AMGot cashier's check for closing5/2/20215/3/2021Tyson confirmed Oleatha passed occupancy checks5/4/2021Met at title company for closing, collected keys from vacant unit, applied for AMEX Blue card5/5/2021Began providing checklist items to property management, changed electric/gas in to my name for vacant unit, priced out new fridge/range for vacant unit5/6/2021Provided more checklist items to property management, setup new checking account at local credit union, met with property manager and asked all my questions5/7/2021Sent paperwork to City Water to have service transfered, literally have to fill out a form that is a photocopy of another form... this is why St.

Walk to the turquoise waters of the Atlantic Ocean or numerous boutiques nearby.

We had planned to renovate the entire place ourselves.List of violations:properly repair with similar material the broken or defective sheet-rock at east wall inside base cabinets in the kitchen located at apt 2fl, 2nd storyproperly repair with similar material the broken or defective ceramic tiles floor in the bathroom located at apt 2fl, 2nd storyproperly secure the loose base-molding at walls in the 2nd room from north at west located at apt 2fl, 2nd storyproperly repair the broken or defective counterbalance at upper sash south east window in the 2nd room from north at west located at apt 2fl, 2nd storyproperly repair the broken or defective counterbalance at lower sash south window in the kitchen located at apt 2fl, 2nd storyreset, so as to secure a proper and tight connection, the water closet bowl .."

We had planned to renovate the entire place ourselves.List of violations:properly repair with similar material the broken or defective sheet-rock at east wall inside base cabinets in the kitchen located at apt 2fl, 2nd storyproperly repair with similar material the broken or defective ceramic tiles floor in the bathroom located at apt 2fl, 2nd storyproperly secure the loose base-molding at walls in the 2nd room from north at west located at apt 2fl, 2nd storyproperly repair the broken or defective counterbalance at upper sash south east window in the 2nd room from north at west located at apt 2fl, 2nd storyproperly repair the broken or defective counterbalance at lower sash south window in the kitchen located at apt 2fl, 2nd storyreset, so as to secure a proper and tight connection, the water closet bowl .."

Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?

It was also used in water pipes years ago, which is the reason some cities struggle with lead poisoning in their water. 

Hi all-I'm testing the waters to see if my contractors are missing something.

Is a fresh, nice, house treated better by tenants *generally* than one that's just left in dated/worn condition? 

Who pays water/gas/trash?