Is the foundation cracked, falling in, water leaking, etc?

Meaning, you start small, in a different area of real estate and finally after 10 years you can test the commercial real estate waters?

If the property is quite old or in a state of disrepair, needs a new roof / foundation / water heater / HVAC / etc., you can expect quite a bit more than that.I see you have 12% combined for monthly capex + repair reserves. 

In regards to fees for an ADU under 750 sqft:"A local agency, special district, or water corporation shall not impose any impact fee upon the development of an accessory dwelling unit less than 750 square feet.

This week I went up against loan depot and was able to blow them out of the water.

Splash cold water on my face.

Worst case scenario the oil makes it way into an aquifer, river, stream large body of water.

Hi All, I am new to the real estate market, but very interested in trying the waters.

Market dependent......in my are of CA, we supply a stove and dishwasher..... rest is on the tenant.....When we have a unit in TX, the tenants expected all of it.... then my second tenant had a washer/dryer so I had to store mine....was a PITA.....Very market dependent...... ideally I would only supply the dishwasher ......that's kind of a built in type of install with water supply etc, so I'd rather not have tenant taking that in/out etc.... rest of the appliance are pretty easy to move etc

Who knows what the market is in 10 years, what major repairs will be needed in 2 years, what major repairs will be needed because of tenant issues, whether or not you can keep it rented for the next 10 years solid, will Ft Lauderdale be above water in 10 years if you believe what certain people say, and any number of other things that can happen to this property that currently costs you money every month.