(When I say Complete, I mean new Hot Water Heaters, New Furnaces, New Roof, New Windows, New Doors, New Carpet, New Paint, New Light Fixtures, New Electrical Outlets, New Bathrooms soup to nuts, New Kitchens, etc).

The "calls in the night" I always got in the insurance business were leak related and invariably they were emergencies because water was going into living space.

It is on deep water with a double dock & a boat lift.It is hard to find large lots on the water that are in child friendly neighborhoods.I would live there for at least 10 years.primary residence.I would need 3 years to get my credit together for a loan.I could afford 1600-1700 a month.

I recently had a buyer whose price range was up to $1.25m.

PLEASE point out any errors/misassumptions.Deal Information As It Was Given To Me:2 brick buildings24 units total Price $760,00022 2-bed rooms, average monthly rent = $5002 1-bed rooms, average monthly rent = $450Every unit has a seperate gas hot water tank + seperate gas heating furnacesAnnual Rent Income = $141,720 (Building would have to be at 99% occupancy for the past year?)

Better to try to stop the water from getting in.

I paid for the 1 month unlimited reports for rentometer.com and was very disappointed.Not only was the range significantly large, but it did not seem accurate at all.Best thing to do is contact local Property Managers.

Need GRMs in the 5-7 range to have decent cash flow.

However, when the real expenses were added up, IN EVERY CASE, their expenses were in or very close to this range (sometimes even higher).

My rental will be put up for sale soon.Today I've been looking over the mls to see what's available in my area in my expected price range.