Cap Ex 5% - I figure this is a minimum to put away for the big items you know are coming...eventually.Management 10% - While I plan to manage the place myself, I also want to be able to hold indefinitely and know that if I take my REI where I plan to I will eventually remove myself from property management.Assuming the same 25% down and financing with a  30 yr fixed @ 5%, I get ~$120 monthly cash flow (not even my minimum of $100 per unit).

Final item would be is to have a meeting with the city people and see if you can do anything to use the full 4 appts with four meters.

Then estimate the value of your other assets like your car/truck, boat, other big ticket items. 

My partner and I used to handle all website/tech items - but now so busy we "sub" a lot of the work out.

In the same way as talking back to a police office might be more likely to land you a ticket.My experience with DNS is that they always seem to find something, but that usually the things they find are items that are on my list of things to fix.

Consider getting a property manager if you are not interested in dealing with the items below and treat the tasks like one would a business.

The guest was probably talking about traditional - bank - financing.

Account Closed  Hi, flippers usually sell to traditional buyers (not investors) after they have done their work.  

I am 90% confidant I can get money for the house plus the renovation costs (from traditional bank financing and/or private money and/or HELOC on my property) but there is always the change that I cannot. 

In case you’re wondering why this government website also sounds like another online pawn shop, here’s their explanation: “Government agencies have these items for sale for several reasons.