Those expense numbers look really low unless this is a newer, A/B class property.

If your properties are class A or B I would recommend putting in the nice, thick, vinyl blinds, as the tenants those units attract will take care of nice things, anything below a B I wouldn't waste money on them.

I'm looking at Houston at present and would appreciate any suggestions that would point me towards decent rental markets in the area (A-B neighborhoods).Thanks-Harsh

I see everyone talking about A,B,C,D grade apartments.

.* Is there an on site property maintenance man* Class A, B and or C multi family.* How many years has your group been a Multi Family Owner.When it comes to Multi Family Management, you are being interviewed more so the other way around.

Look at this site on the internethttp://www.state.nj.us/dca/divisions/codes/offices...ab seee what they tell you

For a 36 units located in a B neighborhood I would say this is really aggressive and not close to reality here, I guess.

The area I think can qualify as a B+ neighborhood.

Assuming you are double closing, which is when you generally use transactional funding, the closing agent/title co. should have specific closing intrusions from the transactional lender that their funds are not to be released to fund the A-B transaction, until the funds are there to fund the B-C transaction, and the B-C transaction is ready to close.

I reach out to landlord to see if they want to unload and properties.For question #2:My answer is A,B) - Final answer.I put it up on my site and I put pictures up on craigslist.One thing that makes this process easy is Postlet.Pure awesomeness.Let me know if my answers help or if you need clarity.