You might want to check those numbers to make sure that's what you're looking forJust a back of the napkin calc shows that your month net operating income might be almost zero  Asking price $135000 Monthly payment  ~$1600 Monthly income  $1800 Water  $80 Repairs  $100   Total expenses  $1780 Total monthly NOI  $20   Keep in mind that $100 for repairs a month is probably a low estimate and the monthly payment of $1600 includes taxes, insurance, principal and interest.

Big companies have COGS and Overhead cost accounting and allocations, why are landlords who actively manage their properties left in the murky water by the IRS?

They have high flush toilets in all their units and are paying the water and sewer for the residents excessive usage and just don't care. 

I also love analytics, the truth is always in the numbers, and I love the endless strategies and systems RE investors have derived to be successful.  

View report*This link comes directly from our calculators, based on information input by the member who posted.Did I get the expenses relatively accurate, esp regarding water (Cleveland) and lawn/snow? 

Water heaters can go longer if they are flushed and the water supply is not either corrosive or has a high mineral content. 

It's an awesome system if you get smart on manipulating your benefits to get the best redemptions. 

-HVAC -- you have to get a receipt from a HVAC contractor saying its running clean-Bathroom tub needed more caulking around the edge, to prevent water from reaching subfloor-Toilet was running-a Window wouldn't hold itself up, which ended up being a pretty expensive repair. 

Longer term goals include:Building wealthMonetizing what I hope will be a passionGain some residual incomeBuild a business of my own Ultimately provide financial independencePersonal fulfillmentLooking forward to expanding my knowledge and dipping my toes in the water with the hopes of someday being fully immersed.

Trying to implement systems to get more organized and save time.