We purchased an 81 unit in EAST Clev, about 7 years ago, well we are being offered tripled what we paid, on top of the more then 25% net per year. 

TREVPAR is total revenue per available room, it's more comprehensive as far as operating expenses. 

subdivision entitlement is expensive 

Much less expensive than google PPC ads.

Two years ago you would have not paid buyer's closing costs.

Having professional remediation is unbelievably expensive to pay rent on all of the equipment, monitor moisture content multiple times daily, and ultimately cut out some of the sheetrock to replace it.

When I refinanced it I pulled all my money out and got paid 10k at closing for this deal.

When I refinanced it I pulled all my money out and got paid 10k at closing for this deal.

@Bryson WilliamsTypically you would have your tenants pay their own utilities since you wouldn't want to cover someone's high water or electricity/gas bills but some cities will put a lien on your property if certain utilities aren't paid.

I only have 12 months to pay the cc before the interest kicks in and my limit it's about 20k would be enough to cover down and closing expenses.