Is it dirt and soap scum?

Those two things will make your life easier because they can resolve minor issues on their own.I also have complexes smaller than 20 units, and managing them takes more of my time than the larger properties.Don't fall for the "one roof" example...most garden style complexes are comprised of many buildings with a few units each.

I'm afraid it will be very difficult to find a lender willing to loan the 32K comprising the remaining balance after down payment.

Murphays Oil Soap for Cleaning hardwoods.

Vacancy, along with bad debt, comprises the delta between your scheduled revenue and the gross revenue (what you actually collect).

@ Minh Would it be fair for me to say that when OO'ing a duplex, reaching the break even point or to cash flow is very difficult, and in order to get close it would comprise of the following: 1) paying down the principal, 2) getting rid of pmi, and 3) renting out my unit when i've fulfilled the occupancy clause?

For those of you that have been waiting to see how to JOBS Act plays out with the SEC, this story continues to evolve... kinda like a soap opera.

Ok, I will put my soap box away.

Non-institutional lenders, which comprise all hard and private money, can be grouped into three categories: hard money lenders you can find on-line, private individuals such as your Uncle Murray or dentist, and private individuals who understand real estate and are comfortable loaning their own money on it.

This is just a "soap box" moment...here it goes: Every time someone has told me or alluded to the fact that banks don't behave or process along logical lines, a little, sometimes not so little, mushroom cloud of disgust erupts over my head.