But I'd like to run the numbers in the scenario as I move out after 2 years living there to check the cashflow- Financing: owner occupied conventional loan - Downpayment: 5% - Interest rate: 4% - Loan period: 30 years (fixed) - Vacancy of 5%, Repairs of 5%, Capex of 5%, and PM of 10% - I assume I can get 10% discount based on how long it's been on the market (purchase price of $719,100) - I used Realtor.com from the link and based on purchase price of $719,100 it gives me prop tax of $749- I relied on the listing agent data of $92 per month for home insurance - I relied on the listing agent data of $112.50 per month for water, $112.50 for sewage, $95 for garbage, and $60 for lawn care (assuming the tenants pay for their own electricity and gas) - I left PMI to be 0 since I do not know how to calculate this Result: Based on assumptions and MLS listing, this property cashflow -$1,280.00 (aka, a horrible investment).

The loans are assumable so even if you intend to sell the buyer could assume, much easier to modify the Agency loan versus a CMBS loan.The other players (outside of commercial banks) are life insurance companies.

They procrastinate and do it late, or get so far behind they assume you already got someone else to do it.. 

Here in Florida it is assumed “transactional” unless an agreement for exclusivity is agreed upon.

Security deposits are a different story, but I assume that the manager holds security

I assume it's because there is legislation in the works and there will eventually be such a threshold on the books.

The better paying job that will give you $400 a week while not working, I'm assuming that is not W2.

My remodel money estimate was assuming bringing bathrooms to rental level, not retail polished level.

I would assume title search, owners title insurance, any home inspection, attorney fees, and taxes.

To give a little more perspective:Each unit would rent for:$900 = individual furnaces$975-1025 = keep boiled/heat included I assume most will need more information on the building and its financials to really advise...ANY advice is a huge help.