Maybe your CapEx reserve amount is sufficient maybe it isn't, but hey at least we are setting aside an amount we find to be reasonable.

I have had three in the last 10 years and the abuser was held responsible for the lease, but all three bailed as soon as their partner moved out.I would even be comfortable asking to see the judge for clarification once the order is in my possession.

Ours (Colorado) is 17 pages long.Yup just three normal residential constract  

Hello Everyone,My name is Magdalene Fortson and I am a Real Estate Consultant in South FL servicing all three counties (Broward, Dade and Palm Beach).I am excited to join BiggerPockets and my end goal is to become an Investor for SFH and/or multi-family units.I was in the USN once upon a time and I was born and raised in the Bronx, NY.I just wanted to take a few minutes to introduce myself to everyone.

@Jean Bolger could you explain further about the capital gains situation and the three years? 

The measurements work out, as there is sufficient width in the lot while maintaining the standard setback distance on the block.

Turn overs on 6-units is about one every three years and those expenses are recouped in less that 3 months, so they are just a blip on the PnL.

A lot of great information on the site.I have been living in San Antonio now for three years with the last two being in real estate.I am a licensed agent and an investor and focus only on the buy and hold strategy.

From what I have seen, appraisals run on comps in the area according to three things: square footage, beds/baths, and whether the property is in 'not-good, standard, or good' condition.  

In your case, you could even consider it three places at one time.