I think I get what the OP is saying.

OP- If you guys plan on having a family, or even health insurance for yourselves, I’d plan on way more than $4k/month if you want to eat more than rice and beans.

OP needs to understand every bit of city has its own micro-structure, its own cycle and in-migration dynamics.The latter part is the choice my one city within the same region experiences huge inclines, and the other has persistent decline.People is just simply moving.One very reason why the east bay is the highest appreciation now is because of good quality school district, and tech people from south bay move to east.

Since the OP is in MA, he'll have a better idea of traffic patterns.  

Here is the property backgroundProperty - pair of 8 unit brick buildings (16 units total)  Purchase price $490,00014 two bedroom, 2 one bedroom, one coin-op washer and dryer per buildingNeeded - Roof (and 92 sheets of plywood) as well as properly running ducts from the stove to prevent premature failure of roof again ($40,000)Needed - Landscaping to properly grade around buildings to prevent future water damage and to remove two unsightly mounds of dirt left by previous owner (to come into compliance with the city) ($3700)Bummer - washing machine was working great, and the bearing went out.  

@Engelo Rumoraundefined Thanks for the mention mate,Although hard at times when I read some injustice being posted I have decided to stay away from the forum and continue living a quiet life heheLove your friendship mate and hope to see you again one day🙏🙏🙏Engelo  quiet  well thats an Oxymoron if I ever heard one.. maybe the OP will listen to your pod cast..   

The OP said the vermiculite was under a layer of cellulose insulation.  

In fact, to me, your words seem condescending to the OP.  

We've been investing for the last 13 years in solid buy and hold quality rentals in Ontario CanadaI'm wondering how we can protect ourselves from mini grow ops in our apartments once it becomes legal to grow 4 plants a year.

So as for the OPs question since the deal is around 30% LTV would he need to put down any of his own money on the loan?