We sold a Triplex last year for $505k and a recent Duplex for $421k+/- both received healthy seller concessions and planned to be owner occupied utilizing rents from the other units to reduce their costs of living.

Completely agree for CRE, people typically get in as an agent or they have lots of cash and credit to start and they are a good client.

Its on a stream and rents decently, but being outside of Woodstock lowers the number of rentals one receives. 

This will allow you give a reference point on how much potential rent you can receive.

Investors typically grade areas based on a lettering system A-C/D.

We typically fill leases for our SF in a week or two, even in the winter. 

The purchase price is $626k, with one unit delivered vacant, unit two currently paying $800 a month, and unit three paying $700 a month.My question pertains to the inspection report I have received, which states that the roof has around 5 years left, and I need to replace the drain iron plumbing to the street, which is estimated to be a $10k job.

When you break down the HOA fees vs a expenses on a single family home, you typically see comparable numbers with the exception of amenities maintenance, which as you have already suggested, can drive up income & demand. 

There are expenses from time to time, but the day to day is handled and covered by the rent I receive!

The owner called me a few days after receiving.