Paying all cash will get you cash flow equal to half the rent.Cash on cash = annual cash flow / total cash investedThis can often be higher with some leverage than paying all cash.If you manage yourself, I think you can cut the 50% number down to about 36%.

Total rent is $3000/month.

I also think though that there is a major difference between repair and replace cost for getting it rent ready for buy and hold investor and cost for a flip investor selling to a home buyer.2 totally different levels of cost, repairs, and time needed to achieve the end result.

I am looking at my first real "commercial" apartment building and like most things I'm starting off small... 6 unit building, I own a 4 plex, 3 duplexes and several SFH's, so I'm not totally new to the game, but all the previous properties I bought at deep deep discounts, all foreclosed, all cash deals, all in terrible awful shape, all are now rehabbed beautiful and cash flowing very well.So this leads me to this 6 plex, its in an area I already own duplexes, I finally this week contacted the owner, turns out he's ready to sell, hes owned the property since 1981 with his brother, his brother is 10 years older then he is and can't do any of the work anymore. so...

Hey Michael yeah those look pretty bad, but there's good news you've WAY over conservatively estimated which is why everything looks so dismal.You include PITI as a line item expense, but then you add in your 50% rule total (10% management 40% expenses), the 50% accounts for the TI(tax and insurance) portion because that is not really debt service so that is probably a good 10-12% extra you've added to the expenses.Also you calculated your CCR which I assume is your cash on cash return.

List your debts from smallest to largest based on their total balances and then pay off the smallest loan.

It is totally our responsibility as parents, to prepare our kids for the real world.

The total cost to my contractors was $135 (structural engineer) + $200 (concrete wall foundation repair).

The listing agent at one of the homes I found by myself and intend to buy is offering me 1% cash back from his total 6% commission, if I do a dual with him.

Unfortunately, this route does not make the total amount of my IRA available to me for my purposes, but I think the tradeoff is woth it.