Details:Goal is to Owner Occupy Location: Type A *very close to great schools, downtown walkable locationHouse: 4 Plex 8 beds and 4 bathsSq Ft: 3,548Price: $425,000Mortgage: 20% down 30 year conventional Current Rents: 790, 985, 945, 910 per-month  *These seem low for this area and for the condition of the unitsOccupancy: 1 will be open for new owner to occupyInsurance: $180 per-monthProperty Tax: $415 per-monthAnnual Maintenance: $800Water, sewer, garbage, electric: all paid for by current tenants Cap Ex: $280 per-monthVacancy: $280 per-monthProperty Mgmt: $345 per-monthThe property has had many Cap X improvements over the past 6 years including, new roof, windows, refinished hard wood floors, paint, foundation work, plumbing, electric... 

@Zachary Hadjah First: congrats on your entrepreneurial energy and realizing the power of passive income to create wealth at such a young age!

Soil is in restricted soil area (perc test will be available in Feb in our area).Keeping in mind this is a 1/2 acre plot with 1/4 acre plot across the street, 5-6 outbuildings (chicken coop, outhouse, garage, ~100 sq ft shed w/ electric, cinderblock smokehouse, fire pit, and other shed).

@Dan Powers and @Jason Forman I would argue that a rental rehab and a flip rehab shouldn't be too far off in terms of cost.

The best set up is the one with flexible hollow rods with special attachements powered by air compressor, that way less chance of dryer duct to get disconnected in the wall or ceiling.

Do you pay for these plans ($10/mo)? Are they worth it?

There is power to create change here and I’m grateful for it.

3 The electric panels are fuse boxes, and I don't see much wiring that looks new even though there appears to be some grounded outlets upstairs. 

4 Since I have to get into the walls to do plumbing, electrical, heating, should I assume that the house has to be gutted to studs?

Water and electric demands?