The goal is to use real estate as a vehicle to achieve financial independence! 

Pueblo Electrical Services just did a small job for us last month though.

I have spent my time working my way up the ladder from starting in loan servicing, to becoming a loan officer, now working in fraud and risk management. 

With the help of a PM, I would scope out "$x of work needs to be done to unit 1 and then it is capable of achieving $x rent".

And they have GREAT service, seriously its like dealing with a credit union or a single-branch bank.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

Sure you can sell the home when you retire but will the proceeds of the sale after taxes and broker fees really net you a profit after a down payment and decades of property taxes, debt service, mortgage interest that you can no longer deduct from your federal taxes, repairs and homeowners insurance?

Debt service would be at about $9,886.Based on the expenses provided it would be a great deal but having the conservative approach, being that its a small multi lets assume 40% for expenses.Income- $22,620Expenses- $9,048NOI= $13572Debt Service- $9886CashFlow= $3686/ year, $307.17/ month, $102.39/ unitAny feedback will be helpful.Best Regards,Rico

Debt service would be at about $9,886.Based on the expenses provided it would be a great deal but having the conservative approach, being that its a small multi lets assume 40% for expenses.Income- $22,620Expenses- $9,048NOI= $13572Debt Service- $9886CashFlow= $3686/ year, $307.17/ month, $102.39/ unitAny feedback will be helpful!

As a side not, I am not sure development achieves what their objective is.