I can only think to install a buzz in system which might be very expensive, unless anyone has done it in expensively for a 7 floor commercial/residential building?

There are other FHA requirements concerning which you should contact your local lender, but determining whether or not a triplex or fourplex meets the self-sufficiency rule is a good place to start as this rule will immediately eliminate many properties from your search, especially in expensive markets like ours.  

You can add in expenses for property management if you want to make it more passive, and then see where your return lands.

I was able to pick up properties for Midwest prices with high cash flows AND huge equity plays in the greater Seattle area (King and Pierce Counties). Of course now there are few deals that cash flow well anymore, on ...

An LLC Insured with a General Liability policy with a base coverage of $2M is perfect and inexpensive. 

@Shaye Mora I’ve got relatively inexpensive SFRs in the 1.3% range and a small duplex around 1.6%.

Very rarely does it say who pays.Cap Ex - 10% of gross rents.Property Mgt Fees -10% of gross rents.After I enter all that I'm usually in the red in my calculations considering 40% of rents is estimated in expenses on the 10% rules.

You can purchase it at a price that is low enough, to allow you to offer an inexpensive rent for the foreseeable future.

.- There is a quite of a bit volatility year over year in expenses so ~$36,000 is a run rate but on the high end going.- Minus: on septic tanks but all other utilities are individually metered and tenants payWhat do you think of this deal?

Should I take the hit in expenses and buy much better cash flowing properties in Texas?