@Mike Roy I grew up in Central Maine and live in Topsham now.

Some of the wood veneers will require replacement, sealing and a coat of paint.2nd bath: Minor water damage from a leaking end cap.Home is dated and carpets are the original ones from 1989.  

I 2nd Roy on the tax #.Management at straight 8% (I think that's what you calculated) with no leasing charge is possible, but I can't get that in my area for just three units.Your utility costs seem a too low as well.

Hog wire fencing is about the cheapest, rectangular wire or chain link might be more acceptable, use wood posts and cap on top to each post, the green chain link looks fine this way.

Thanks Roy.

I am adding washer/dryers, wood floors, and granite countertops. 

@Roy N. 

So, for cash flow, deals off the MLS work all day, but better deals make better CF and like @Roy N. says, the better deals never make it to the MLS.

Using old pictures (it was a cloudy week and I couldn't take more or better), I listed it on Craigslist and got a great tenant (knock wood!!

Also, as I think about it more, I'd make sure I really look into the persons background.In my neck of the woods news just started reporting on a major con artist.