Third...evaluating deals?  

I use Mint where I have logged in all my assets and liabilities and it calculates most of this automatically.

These and a few other questions should help evaluate what to do with it.  

Hello, Srikanth.Here are the first 10+ items we use when evaluating an opportunity like the one you have right now.Hopefully, the seller or your soon-to-be property manager can provide answers for you.  

Insurance is coming out today to evaluate the damage.Its just one more thing to put in the back of my mind as a landlord, what is covered for fallen trees?

I've worked in the software industry the past 8 years so getting to get my hands dirty and actually build something is a nice escape.I'm actually in town through tomorrow, let me know if there is anything I can do to help you evaluate your deal.  

Sort of like a "net sheet" that a realtor would give you when you're evaluating an offer (except for calculating tax items too, of course.)I do appreciate your response - thanks!

Lastly, whether you self manage or use a third party, the time involved is always a concern and should be consider as a cost before evaluating strict return on investment.Please feel free to contact me if you want suggestions on how to streamline your management and save on property management cost. 

After you have some investing under your belt at that point you can evaluate whether continuing to build the 401k is the highest and best use for your money.

I would get the inspectors out first because it is cheaper to have them evaluate every step than to complete the home and then they issue a fine or reject the work afterwards.