Just wondering cause I see many be 1/2 grand usually for lists or more then I see a simple call to your local  know where to call company. 

So, if I'm doing that math right, it would be 25% * $118k = $29,500 plus the state recapture tax of 10% * $118k = $11,800 for a grand total of $41,300. 

There are not the ones to be concerned with in the overall grand scehme of thing.

v=4Toj8iHt-u8You hit a grand slam on your first deal.

Your first deal will not be a grand slam.

Not to say it isn’t worth doing but with 100 grand in the property   Can’t you find a deal better than 150 bucks a door over there ?  

Looking for insurance on a investment property in Michigan, Grand Rapids, Muskegon.

@Aditya SomaSide-by-side / side-by-each / townhouse duplexes and triplexes lend themselves to fewer noise (footfall) complaints than over-under / stacked  properties as Christian pointed out.Another point to consider is that side-by-side, common wall properties are more likely to have been purpose built as a multifamily property in contrast to over-under units which are frequently the result of conversions - which has been the fate of many grand old Second Empire, Queen Anne, and Victorian houses down here on the East Coast.Purpose-built duplexes and triplexes are apt to have better sound and fire barriers between units (taking the age of the building into consideration) than some conversion done 75-yrs ago before there were any *real* building codes.

Not even off by a couple grand but nearly double the cost!

The cool part of it was the location: it was during my job on cruise ships, so I'd step off the ship wherever I was and go running through the grid of Key West, along Grand Cayman's 7-mile beach, through a fishing village near Mahajual in the Yucatan Peninsula...