To me it seems like a steep price as far as the initial loan amount, but it will still cash flow and I should be able to get all of my initial investment out of the refi.

I would try to aim for 150 mailers. when person call make sure you take address, general info "bed, bath, basement, garage, brick, frame, does it need repair, roof, bathroom ETC".

Hi Kevin Guo, I used Already Home InspectionsInbox me for the number.He inspected my 3 unit, all three units, bricks, roof, garage, basement and everything.

Prices are steep and seem to keep climbing even though demand here for rental property's is amazing.

I'm selling my house osbo have a contract for 230k with 9k cash to the buyer, for closing and the roof is older.

It would be relatively "easier" to find a buyer if there was a steep discount.

With the amount of money you've got in that account, you are prepared to replace a furnace, roof, driveway, and water heater on 5 or 6 houses, all at once.

However if you include Debt Service, it's suddenly more like 4.8%, not as exciting.The Association maintains the building, takes care of all the common area maintenance, flood/fire/liability insurance and maintains accounts for all the large capex (new roof etc).Right now it is one large unit made up of 4 smaller units which is occupied by a tenant who would stay in place.  

HE ADVISED THE WORK THAT HE HAS DONE ON THE HOUSE (NEW ROOF IN 2011, HARDWOOD FLOORS ON FIRST FLOOR, NEW HOT WATER TANK, REDONE A BATHROOM).

While you can reduce your CapEx as your still only saving for one roof, keep in mind you have multiple appliances, heating/cooling units, etc.