Some think the economy could hit some tough times post-election, which means you should get it sold.  

I meant to post a link to the property earlier but here is the link....http://www.realtor.com/realestateandhomes-detail/2...also what do you guys think would be  a reasonable Cap ex?

None of that is meant to discourage you but rather nudge you toward getting a little more knowledge about the industry that has sparked your interest.  

I meant to say in the title that the borrower NEVER MADE A PAYMENT.

Liz Weston: The best ways to build credit nowNEW YORK – Oct. 18, 2016 – Once, building credit meant taking on debt – sometimes expensive debt like a car loan or a credit card with a high rate.Today, it's possible to build a good credit score in a year without a big chunk of cash upfront or a large debt at the end.

Not all of us are meant to work together and that is ok.  

The option is elected at lease signing they are either charged a one time liquidation damage fixed fee of up to two month's rent, or the landlord may seek actual damages which could be the entire balance of the lease if the landlord doesn't relet. 

I see the second link and hud definition states the 'majority of the calendar year'; but I do not think that is what the meant.

Typically the ideal situation for asset protection (observing corporate formalities and protecting the corporate veil) and tax advantages (using the right type of entity for the right tax advantages) is to hold rentals in the standard LLC while an S-elected LLC or S-Corp would be used to manage your properties.

Sorry I meant to post that . 650 per apartment both 2 bedrooms . $1300 total.