All the suggestions will be applied, and all the support is greatly appreciated!

A lot of recent activity with a mix of veteran members as well as new/young members, along with in depth content with community support.I am excited to join a community that seems like a mix of knowledgeable, supportive, and positive people.

I really appreciate you guys being so supportive and giving me good advice on moving forward, just from those responses alone I am sure that I am in the right place as far as networking and learning is concerned.

Hey Team -A little bit of background here is that I currently have 4 rentals in Sacramento and 2 in Houston as well as completing flips but have now decided to venture into apartment complexes.Just had an offer accepted and am now trying to piece the process together as it's a bit different from what's needed from the SFR side.Some details about the purchase thus far:Purchase Price - $771,000Gross Current Rents - $8,400Potential Income - $10,200Here's what I'm asking for:Rent rollLeases for all units Profit and loss statement Operating income + expensesUtility billsMy thoughts process-wise:Receive/confirm the income + expensesConfirm condition via a property inspectionIf all checks out - complete the purchaseAside from some moral support from the BP team, my ask is if - at a high-level - I'm missing any other points?  

If the house hold supports 5 adults and a child then the well should to. 

It's a good way to support your position, if need be, to state the rent is on time or it is not and a late fee(s) plus a daily fee is required. 

You'll be asking yourself what these extra are worth now, each year when you contemplate rent increases, and each turnover, so it is good to have facts and data to support your gut feel.Keep in mind that if you stay lower rather than pushing the price, you'll get a better applicant pool to be able to choose from.

He's willing to let it go to me well under market value ($150k, comps support $300k) and he offered to carry financing (seller financing).

Have you considered going that route and run the numbers to see if it supports the interest payments?

I have a little experience with the utilities and it took an act of God to get a support wire moved so what you are looking for is the definition of a long shot.