The total flow for the year will remain the same, but since the vacancy allocation is more of a way to make sure you have a buffer for when there is vacancy rather than an assumption that someone will move every month, it's a more realistic way to look at that expense.I would also consider your PM rate.

I inspected every one to ensure that the pipe was not corroded or showing signs that exhaust gases could be leaking back into the unit.

Eugene,In the Insurance Industry the Term "Umbrella Policy" refers to a policy that provides additional Liability coverage once and underlying policy's limits are exhausted. 

This is nothing more than an excuse...It's perfectly fine to use your name for your first several deals..

They up off too much moisture in the exhaust. 

@Phillip McCray I wouldn't walk in with less than an 800 score and half of the amount you are looking for ,in credit, in cash.

I'd rather buy a vacant duplex from a mom and pop owner that self-manages than an occupied one usually. 

I made an account less than an hour ago and I've already stumbled into a forum with other Marines!

@Cindy Nguyen I agree with the above responses, does not sound like a great house for rental purposes, a couple of other items you have to factor in is the cost of the refinance and your insurance premium would be higher for an investment property rather than an owner occupied home. 

In the numbers I have run, this provided better cash flow than an amortizing loan because the loan constant is smaller, and provides tax losses because the entire loan payment is deductible and you still get to depreciate the building.