Originally posted by @Scott Schultz:electric is fine for Multi family, But in an SFR if you want your rent paid in winter put in a gas furnace, cost of electric heat is double $450/mo for electric vs $225/mo for gas for example,  as far as water heaters, the annual cost is about 1/3 more, but not a significant amount of money, as an annual cost to operate is around $350/year.

The association holds the quitclaim deed so I believe my monthly rent is going to the owed maintenance fees.

Explain that you wondering if there interested in selling a property or if they know someone that you pay a finders fee.

The original house was an 850 sf ranch on a crawlspace, built as a modular home in the 50s, with really shabby construction.

What's the DOM, current price compared to the original listing price?

Originally posted by @Brett Synicky:Hi @Chris Adedeji,Welcome to the best real estate website on the net!

No recording fees!

We took the plunge and bought the property a couple of days after the original post as our time to decide was limited.  

Originally posted by @Marc C.: , I think the numbers look acceptable for a small property. 1.2%/mo. in gross rents. 

Originally posted by Account Closed:I dont know but I saw a unicorn run by right after I read this post.The market is too hot, the GC's are too busy, and the business will come to them one way or another so they dont have to offer you cheap prices or trust.