The latest tenant never paid on time and when did he acted like he was doing us a favor.

Financing is typically less favorable if the building is not owner occupied, so I would certainly double check to find out if the rate and term would be as you described if you rent out all the units.

Hi Everyone,My question is do you favor replacement cost insurance vs. rebuilding cost insurance?

It does sound like a good deal, but I'm in favor of the owner occupancy plan.

Don't forget, real estate agents are a very powerful group, and elected officials have slanted things in their favor.

I'm sure that well-organized self-managers could do it for less.The way most PMs bill clearly favors the inexpensive properties.

Everyone through the place remarked favorably about the floors.

I've stayed close to home to hone my skills in a less favorable area, kind of like jogging with angle weights on.

@Vlad_Selsky All else being equal equal, your cash flow swing of 3,492 is largely the result of lower debt service because of the smaller mortgage when you use some of your own funds instead of 100% financing.I am usually skeptical of no-money-down deals because the financing terms are typically less favorable compared to conventional financing.

I hope I can return the favor in some small part through my future postings.A little about me..I have worked in construction for maybe 7 years total.This last year I started a construction company and purchased a small warehouse office that was partially rented out.I never intended to become a landlord but as it turns out I am quite suited too it!