Still got to 2nd coat paint interior and get cabinets and wood floors in next..So like anyone said, ANYTHING CAN HAPPEN...I wanted to finish by 8/1.Now I hope for 9/1 to relist and sell before winter hits...Best of luck...

yes. i got one few months ago. a unit on the beach 3rd floor. its really cheap down there in Myrtle.

All but 2 of the units are already rented including the first floor a daycare by itself bringing in $1440/month but has me thinking about liability??

Space is limited.

The current tenant has mentioned that he would like to make the basement (which is exposed in back with just a steel door - no windows) livable space for himself.

In other words, an 8400 SF tenant would occupy 25.5% of the space, and would pay $841.50 in passthrough charges a month.

Thanks.5 Unit aparment house in Rhode Island7 Parking spaces for add. incomeAking 299,000Purcahsed for 250,000 ( 16% less than asking price ) 299,000 - 250,000 = 49,000 / 299,000 = 16( 25% Down{50,000.00})200,000 mort.30 Years7.8% fixed1439.74 monthRental Income525.00 for average unit ( This may be off for this area or not )Gross Monthly2625.00Yearly Gross31,500.00Parking Space Income175.00 month ( 7 x 25.00 = 175.00 )175.00 x 5% vacancy = 105.00Parking Space NOI 1995.00 yearlyExpensesGas ( 50.00 month, 600.00 yearly )Electric ( 100.00 month, 1200.00 yearly )Water ( 70.00 month, 900.00 yearly )Total Utilities ( 220,00 month, 2640.00 yerly ) Vacancy ( 131.00 month, 1575.00 yearly) (31,500 x 5% = 1575.00) Taxes ( 275 month, 3300.00 yearly )Insurance ( 100 month, 1200.00 yearly)Yearly Rehab ( 75 month, 900.00 yearly )Yearly Maint

I set up both ads to direct traffic to a webpage that I host myself -- with a detailed description of the unit, the neighborhood (including businesses within walking distance), photos of the outside of the property and of the individual rooms within the apartment, and a floor plan.

There is one spot in the floor that is a little soft so I think it might have some minor foundation problelms that i am getting checked tuesday.

We do have some month to month on small spaces because they are easy to rent and bring the best prices.