And, the less proof of expenses this guy has, the less purchase price he should be able to command.Also, I owned a pool service & repair company in Calif for 8 years, and I would tell you to have one or two pool maintenance and repair companies come look at this property and quote you the following:- Monthly pool maintenance cost- Monthly chemical cost (which is normally separate from the service cost)- Monthly supplies (things get broken all the time at commercial pools, like skimmers, baskets, poles, signs, etc. and you are required by law in most states, and especially California, to have a long list of items pool side at all times, so as soon as something gets broken, you must replace it.

I bet you won't be laughing when we turn off your oil supply.

For expenses, I use these figures; Taxes $2800, Utilities (water, sewer, and vacancy heat) $770, Insurance $900, Maintenance Fund $2400 (15% of income) Advertising $100, Accounting $100, Supplies $100, Misc $100.

The ready supply of diplomatic tenants, the $2,000 monthly rent and the potential appreciation are reasons to keep the property.

The fin tube heating does not have a return pipe, all radiators tap off the supply line thus when getting to the far side of the house, there is no hot water left as well as no circulation of the water through the radiators in the first place.

I graduated with a Supply Chain Management degree from Michigan State University a few years back.

Food is not supplied and there are no fees.

$600/month for a small 2-bedroom upper duplex unit with no garage (tenant supplied their own appliances).

You don't want to be expecting to pay for a lead carpenter and get a labor instead working on your job with little experience or no experience.Establish a credit line at a local building supply house that delivers.

Since deals need due diligence and the sites are new, this means that demand for deals is exceeding supply.