If you're planning on holding it for more than 5 years then 5% capex is inadequate.  

Looking for bank financing for a buy and hold property.

@Carlos Jonathan Fuentes I have a system for this and it is something to pay attention to, but as others have said the agent-investor relationship is one built on trust so sometimes you will lose and just remember what went wrong.If I am working with investors looking to buy and live in the property or hold, I don't ask for a buyer agency agreement, but I use something like that by getting an agreement on the contract that they will be paying a commission.

From a strict buy and hold for passive rental income i think it is a pass strictly based off these numbers:your rental income is 1850Your listed expenses are 888if you finance this for around 148-150K mortgage going to be paying around 800 a monththats 1,688 leaving you with 162/m cash flow without a property manager(assuming you do the work yourself)**Maybe look to move the utilities onto the renters to increase margins **CASH on Cash is about 4.8% to manage this yourself are razor thin numbers. 

For me, that makes life easy because I don't have to negotiate commission with you (since its paid by the seller), you won't need the hand holding of a first time buyer, and you are someone who will buy and may likely buy multiple times.

I assume being on BP its real estate, but is it tax liens, notes, Buy and Hold or JV deals with others?

for the guy wanting to buy it.. makes zero sense.. unless he likes it and wants to hold it for 10 to 30 years and let tenant payoff house for him..

My name is Aaron Cavazos and I have a little over 10 years in Buy and Hold Investment experience and currently hold over $1M in personal investments.

Second there are many different ways to get into real estate investing whether it be single family residences, buy and flip homes, buy and hold as rentals, invest in apartments as a passive investor or by being active lead sponsor which you mentioned you’d want to be active I’m focused on the apartment arena so I can give you my two cents on apartment syndication from a passive aspect and more active approach.

These would be buy and hold rentals (predominantly single family - mixture of 2 & 3 bedroom homes) so i'm not looking for the ability to flip or on-sell, really just to hold for rental income longer term.Many thanks for your help Rudi