Plus don’t forget closing costs on each not to mention most properties need at least a little work and additional cap ex to turn into performing assets.

@Nadir M.Two additional thoughts:1) A central boiler is a cost trap for owners.

Hi Sean, Thank for the valuable input..and btw, I love you name.

In addition you'll have to make the monthly interest only payments.

There is additional reserve requirements when buying more than 1 unit, so get up to speed on those so you are prepared to have those in place at the time of closing your loan. 

These are professionals with additional training and a stricter code of ethics.

I have my own construction company in addition to my real estate business so my situation is different than most as I have the entire scope of work completed by my own crews aside from a few items like plumbing that we sub out.Before that, I acted as the GC as owner builder and hired each individual sub.

basically Houston doesn't believe in general licenses. how to hire onehttps://www.biggerpockets.com/renewsblog/2015/03/1...as stated above try to find a bonded/insured contractor.managing your contractorshttps://www.biggerpockets.com/renewsblog/2010/04/1...additional tiphttps://www.biggerpockets.com/renewsblog/2015/05/1...paperwork to help make sure you don't get screwedhttps://www.biggerpockets.com/renewsblog/2010/04/0...Thoughts?

It's not in my current lease, but I will have several units open over the next month, so it's still an addition to my lease that I might want to add.

It could be more valuable to me to be able to vote for city council etc where I invest.