Your lender may have internal risk factors that may push up rates or require larger down payments when you hit a certain number of properties.

@Wes Short Thank u and i will follow u advice

Im working on negotiating a deal and the seller offered the following terms.

The cash on cash return is much more unpredictable with gas being included, and this is concerning for me.I am wondering how its worked out for other landlords who do any of the above I mentioned and if so, have you gotten any push back from current or even prospective tenants? 

I follow Clayton Morris on Youtube and have Kiyosaki in my bookcase.

In California, city even pushes for building container homes as solution for cheap housing to deal with homelessness problem. 

The Lux Team is there to push you and hold you accountable every step of the way.

Presumably they are thinking they can push the rents but GL with that in the near NW.Aaron

@Grace BarrSounds like a good plan.I have a second home that’s free and clear.I am considering a similar offer.I think it will also allow me to get a higher price and offset my capital gain over time.I may try to push the down payment a little higher to pay off another rental property to improve cash flow on 2 sides

He provides the following:4 studio apartments @ $1,000 per month4 one-bedroom apartments @ $1,250 per month4 two-bedroom apartments @ $1,500 per month4 two-bedroom apartments @ $1,800 per monthProperty taxes, $40,000 per yearInsurance, $15,000 per yearWater and sewer, $12,500 per yearElectricity for common area lighting, $2,800 per year"You confirm the rents by examining the leases and you verify independently that the expenses are accurate as quoted."