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.

It will need a roof in a few years.Purchase Price - $67,000Total rents - $1225Taxes - $207.41 a monthIns - $59 a monthWater - $65 a monthP/I - $270Maintenance/Repairs - $125 a monthCapex - $125 a monthVacancy 5% - $61.25DP - $16,750Closing costs - $1200COC Return - 20% 

Make sure you've looked at and understand the condition of certain critical parts of the home i.e. roof, windows, flooring, etc.

Contractor or is this a diy project)• is the roof of this deck (if it has one) pitching downward?

Both need work, most likely around 10K per unit plus new roof on 5 unit. the 5 units have brand new furnaces and water heaters.

Both need work, most likely around 10K per unit plus new roof on 5 unit. the 5 units have brand new furnaces and water heaters.

For me, I like that I don't have to worry about a roof (one two units under each roof in this development), siding, shoveling, mowing etc.Also it kept my rehab costs down bc I only had to worry about the inside.

This provided me with enough funds to replace the roof and catch up on some minor deferred maintenance.Even without a roomate, figuring in the tax benefits, my monthly payments are lower than what rent would be for a crappy apartment.

This creates a steep driveway that is a pain to back out of during the winter.

You may want to look into spray foam in the rafters of your roof.