So if all the systems that commonly breaks in a rental are brand new, then the age of the structure itself may not be as important.

I have read and watched several videos on anonymity in the rental property business and wondered if this was an issue that any of you feel warrants utilizing an attorney as the registered agent?

Some servicers in 1st position may still allow a deed in lieu with subordinate liens  but it's not as common. 

I usually use 8.33 (1 month in twelve) as a benchmark when analysing a property.Given your numbers, I am also presuming that the tenants pay their own heat/utilities (save water).This will give you and operating ratio between 43.5% and 49% (which may still be light, but could be correct if tenants are carrying their own utilities)This will leave you with NOI between $3200 and $2900/mth.  

Thomas S (can’t tag you on the phone)This is not correct, although apparently becoming a more common misconception.

Below are all the numbers.Offer to rent is $1800 per month + all utilities.

I interview a lot of investors during our wholesaling and hard money adventures and see some really common issues I am going to try and address in this diary.

They jack up other fees And they routinely skip checking for “unrecorded liens” such as code violations, utilities, etc and Rxclude them from coverage in the B Rxvludions.

@Cody Bain you are considering one of the most common mistakes of active duty personnel.

If they can afford the utilities and food, Take out an insurance policy on both of them.