., when the mortgage is gone and we're paying this fee every month for the remainder of eternity) how big of a difference does that make as far as cash flow is concerned?

Also, Not concerned about my profits.

The killer short cut seems to be on the expected expenses other than the ones that are easily determined.

Toilets, tub, moulding, carpet.Needs new kitchen, room, rugs, spackle paint, driveway, 2 whole bathrooms and 1 bathroom updating.My concern is the two upstairs bathrooms have this gaudy italian tile which only certain people would like.I am thinking if I took the low comp, $425 *.70 that equals $297 - $100 in estimated repairs, that an offer of $200 is where I want to be.

This is obviously risker to the partnership, but we have enough equity in the deal that we're not concerned about getting upside down.

Will of course ensure that this and other aspects like lawn cutting etc are included as tenant responsibilities in the rental agreement.

I had one of my renters call me and say that they had a water pipe to burst but that they had cut the water off.

My concern is getting bogged down and getting "into the weeds" on building search criteria that is too refined.

FWIW, our base lease states no pets at all, but before we found out what kind of dog this was, we did verbally tell her that we would try to accommodate the situation if possible.Here Insurance cancellation/exclusions would be my concern.

I may even cut back to 1 or 2 zip codes to further reduce my risk but my fear is that I will pigeon hole myself into a certain area and slow down my progress.