@Joseph Ziolkowski, yes, vacancy and cap ex are included, as well as maintenance, property management and property tax and insurance (but not Principal and Interest cost).Nobody can know for sure what its expenses will be in future, hence the ballpark "50% Rule", which can be fairly close in the case of middle-priced, middle-aged, middle-neighborhood type properties.

Is there a way to get 1 insurance policy??

Easy access and walking to a nice downtown.Units: 4 - 2bd/1ba Utilities- All electricAsking Price; $300KCurrent Taxes: $8100Utilities: $275 per month Insurance: $200 per monthAverage Annual Costs Including withdrawals for self-managing fee, Taxes/Insurance and Utilities- $26k per yearCurrent Rent: 3 Units $850, 1Unit- $800 per unit (tenant pays electric)Comparable local units for 2br - $900-975All questions and comments are welcome.Thanks in advance!

Presumably, any property liens would show up on the title and the title insurer would either exempt the lien or insure over it.

Your insurance company will need to know though to make the appropriate adjustments.

Hello all I’m looking for a good lawyer that deals with home insurance/ bad contractors in the Dayton, Ohio area.

Only hire licenced and insured contractors.

So my expenses I been finding a good range to do is 37% of the rent, so For this deal I do 1250- ( vacancy 7%=87.5, capX 10%=125, maintenace 10%= 125 managment 10%=125)  all equal to 462.5- ( P&I + insurance+ taxes) 632= 155.5 cash flow off my numbers.

That exception is that the warranty deed and title insurance will include an exception for the loan being taken subject to.  

The current owner is leaving money on the table by not offering truck rentals, current rents are 9-11% below market, low tenant insurance participation, etc.