Simply build in the additional “double payment” into the overall deal costs and start looking now.Best of luck!

I told them their current agreements would be maintained but had them sign new agreements with me that had my additions to their current agreement.

They are multi family properties and one of them even has pre approved plans from the city for an additional 5 units (literally ready to break ground).

This "deal" is clearly cash flow positive and will be a nice addition to the portfolio.Insurance= 250Vacancy= 415Maintenance= 250Mortgage= 1500Management= 350Taxes= 800Utilities= 100Capital Expenditures= 250

On my end though, I do feel like I can handle the additional responsibility of managing the fourplex.

This may be a simple question but curious in today’s climate of rising interest rates (mid-2018) , does it make sense for long term buy and hold investors to pay for points to buy down the interest rate or keep the cash on hand instead for additional properties.  

According to my contractor, the fix to prevent further damage seem to be simple, seal the gap between the trim and window, clean the gutter, and replace the drywall on those areas if needed.

My bid for wiring the two units is about $10K and then there are some additional charges for the external panels, the garage, etc.

I will explain in greater detail.I put alarm systems in all my houses in addition to smart lock and a smart thermostat that are all linked to my alarm system and a amazing web interface from Alarm.com. 

In addition, I would recommend posting your screening/income requirements in your ads!