In fact, I'm the only customer, so I won't be suing myself.

For me, I see an increase of 25-30% on a $/sf basis when going past 2 units.It hope it goes without saying that building multifamily 2+ is always going to be more $/sf due to the separate utilities, extra kitchens, etc.

Just stay in the triangle of Truckee, Hwy 89 and Hwy 267 and it should do pretty well so long as you have a good property with good customer service in place.  

ARV = 235KAs is value = 225KRehab needed < 10K (mostly yardwork)Seller's motivation:Seller is 90 years oldFell ill over a year agoMoved into senior care facility, but kept utilities on thinking she'd eventually move back.

This is the further expanded category of Fixed Cost that I was referring to:Purchase Cost- Inspection Costs- Closing Costs- Lender FeesHolding Cost- Mortgage Payments- Property Taxes- Utilities- InsuranceSelling Cost- Commissions- Closing Cost- Home warranty- Termite Letter- MLS Fees

Last year (just after I was on the Money Podcast) I found myself with two vacant rentals where I was paying both mortgages and utilities, not only that but I had yet to refinance the one that was a BRRRR and I had used credit cards to pay the $25,000 in renovations.

I calculated roughly sending 800-900 per month after all expenses such as all utilities, PITI, repairs, etc.

I see unexplainable debts (possible amounts owed to prior landlords) and late utilities as bad, but the rest is just the poor personal fiannce habits or life circumstances that make applicants renters rather than owners.- Having roots in the community, normally having lived in that neighborhood for several years, or in this case being close to her parents adds screening points.

Basically, if you run all your numbers - Rent MINUS mortgage, property tax, insurance, property management fees, listing fees, take into account vacancies, repairs, cap ex, (HOA fees, Utilities, lawn/snow care) and you come away with a good chunk of cashflow, then its a good buy.

My direction is after I get the process and footing under me, to work for myself and never have a boss again (besides the customer / tenant / investor or purchaser) eventually want to work with a great team and more so with friends and family to build each other.