. $420Prepaid Interest ($19.86 per day for 5 days @5.125 %) Property Taxes ( months) $99F. 

My final two cents:  There are very few brokers with over 5 years of high volume MF experience in the Twin Cities. 

To get 30 year fixed at or around 5.5 percent (about where it’s at currently) you need to get a Fannie/Freddie loan and close in your name.

Affordable prices and booming economy and GROWTH:The region has been Virginia’s fastest growing for five consecutive years, with a population of 338,000.A highly skilled and expanding labor force of more than 1 million resides within a 40 mile commute.Strategically located just 35 miles south of the nation’s capital and 35 miles north of Richmond, capital of Virginia.Over 47 miles of Interstate-95 serve the region, carrying 120,000 cars per day.Excellent rail service is easily accessible, including Virginia Railway Express’s commuter service and Amtrak.

A very large percentage, perhaps the majority, of mom-and-pop operations here simply pocket the cash and never intend to return a cent of it.I'm sorry to be the bearer of bad news,

when I ran the numbers on this one it turns out that I will be paying roughly $500.00 more per month for maintaining a good budget!

Monthly income (only rents) - 8500 (the listing seems to indicate only a single unit is currently occupied, and at below-market rate).Monthly expenses:property taxes: 1500 assuming this will be 1.2% of the deal value of 1.5M. current assessment is ~330k - https://www.sccassessor.org/index.php/all-situs-se...management: 850. thats 10% of rent, not taking into account placement feesvacancies: 425. this is assuming a 5% vacancy rate (may even be lower, market is hot) but doesnt take mgmt company placement fees.water & sewer: ~415. thats according to city sewer rates and avg water bill. no details in the listing. listing says this is not metered per-tenant.insurance: 375. zillow estimate.

Currently we work about 9 months per year, and that is our plan for the next decade. 

On CM, pay him per passed inspection / milestones, back-load his pay on finishing touches, i.e finishing / final punchlist completion 800, the 1,200 regular milestones.

.  ;-)Today's Newspaper***********************************"Metro Phoenix homebuilding hits decade high"New houses are going up in the Phoenix area at the fastest pace in 10 years, and prices are climbing faster than they have in five years.Buyers are again heading to Valley suburbs farther out to find houses they can afford.By the building numbersMore than 1,950 new houses sold Valleywide in May, and the pace of sales for the year is 18 percent ahead of last year, Belfiore Real Estate Consulting reports.May was the best month for new house sales in metropolitan Phoenix since March 2008, according to RL Brown’s Phoenix Housing Market Letter.Brown reports the median new house price in the Valley is up almost 3 percent from last year to $330,000.