@Willny Guifarro, your NOI will be close to $160K and here is why:Gross potential rent $576,000less 12% economic vacancy ($69,120)= $506,880 net rentless $4500/unit * 77 units in expenses: ($346,000K)= NOI: $160,380K$4500/unit annual expense may be too high or too low for the area but should not be way off.

The economics don't work.  

Think the current low price of oil, and the ramifications it has on communities that depend on it's economic strength.

There are a number of items that can seriously effect the economics of each lot in Los Angeles.  

Considering prices are up because of investor demand and not economic factors in many areas many people want out while the going is good.

Here are the main economic drivers happening in Downtown or North Everett where we invest right now:The comprehensive growth plan for Everett, WA (https://everettwa.gov/1395/2035-Comprehensive-Plan) has lofty goals of increase the population of Everett by 61,000 people from 2015-2035.

Even after the zoning changes the economics of bringing in used homes is expensive compared to home already in place.  

Business plan that requires selling at a higher price - our portfolio's are setup to be strong and diverse to economic conditions.

Looking for fast DOM, good economic indicators, and average sales price under 200k.  

This is good economics and will create dividends and net worth for you.