I have good assets with me just not a lot liquid cash sitting around to pay that much.

@Skylar Jennings there are sellers who FSBO at ridiculous “make me move” numbers, fishing for a buyer out there that will pay too much.

Water and sewer are common for landlord to pay.

Unless the building is very well located full renovation of basement units will likely not pay off economically.

This requires an income that rises faster than inflation, or you will not have the additional dollars you will need to pay future inflated prices.What causes rents (and prices) to increase?

Sometimes they leave without paying the last two months of rent.

Paying off my house and increasing my heloc to invest in other properties?

When you raise the rent the tenant may request an explanation and it’s very easy to explain that in order to continue to service them and respond to their requests you need to charge them more. if your average rent is $1,000 per unit and the average tenant calls 2 times per year why is it fair to the good tenants that this troublesome tenant to call 50+ times per year and pay the same rate? 

Thanks so much If you check the section 8 website in yoir area you can search by zip code on how much they are paying.

It looks like they are offering a lease as well but I would highly recommend paying a local real estate attorney for a lease.