.-- Owners maintain the property so those who cannot afford to do it have a roof over their head that does not leak (an un-doable repair expense for "The Working Poor"), and replace furnaces so they don't freeze to death in the winter, and replace hot water heaters so they can wash.The working poor cannot afford to buy furnace, let alone the price of installation.There is not a renter/owner problem in the USA, other than what is being artificially gined up.The system works well for both sides.Just my 2 cents. 

Do the rents include heat, hot water, and/or electricity all of which would bring down your cash flow?

Ok everyone what are your thoughts on this purchase. this property is in South portland maine. asking price was $600k, sell price was $582k seller paid all closing(11K) i also got $3,500 from the seller to pay for some work that was needed. i did get another 1k from seller also for some other stuff. interest rates is 2.875%. i know some dont like this idea but i am 100% leveraged as id i didn't bring a downpayment4unitrents are 1350,1375,1150,1300=$5,175i will be house hacking for atleast a year as its a VA loan but for the purpase of this question i left all the units rents in the calculationexpenses are about 2100 rounded(gas,electric,capx, maintenance and water/sewer)mortgages just under 3000 rounded up(principal, insurance and taxes)so ill be cash flowing about 75 a month. this area is a high appreciating area... or it was who knows with all this covid. part of my thought process on this deal is that my loan will be getting paid down over 10k a year and even if appreciation goes slows there is some room for forced appreciation. what are your thoughts?

This is a plain vanilla cash out refi 30 year, except it's Boston so it's a jumbo loan because even a 1 bedroom fixer in Boston is a jumbo loan. 

Many will cover water, pest control, repairs to the roof and exterior walls, fences, landscaping, maintenance, security, insurance, some cover cable and internet.

They also want almost 12 months reserves CAM and rent averages to feel secure the owner can work through COVID going away and possibly returning again in the fall.Lenders with STNL investment grade tenants with essential businesses the lenders are not imposing those reserves and still giving great rates with minimal down.So the retail centers now for us to consider buying the cap rate has to be REALLY HIGH for dealing with that otherwise you lose one tenant and fill another one up and do a lot of treading water for not much extra additional yield.

I have an investment now where my net cash flow is more than my Mortgage (PITI), water, and utilities combined.

Roofs 25 year life span, floors 10 year life span. appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span, etc.

A couple of condo owners have decided that they are not happy with the temperature or reliability of the "hot" water supply and are looking at installing electric tankless water heaters in their condos. 

Last year I payed 1600 for the insurance with 1% deductible plus water backup.