Our goal is to reside in 1 unit with our family while renting out the remaining 2-3 units.

Most of the households decided it would make sense to dig their own wells rather than try to patch-up the existing system.Our lawyer wrote up an agreement to dissolve the Springbrook Water System that basically stated that any households who chose to remain connected to the well would be responsible for the further upkeep and the ultimate capping and retirement of the well.I have no idea if this ever happened. 

Remaining 50k is divided up between 3 brokers/agents on the listing team.

Here the social-economic system is totally different ( high tax rates and unstable Banking system etc.) from US but the opportunities remain attractive for a real estate investor! 

Approximately $5k out of profits from other rentals cashflow and the remaining down payment with a HELOC.

If the taxes remain at this level, I see >$100/mo in positive cash flow with the above numbers and financing.

And we lived there a year, and leased it out the remaining time.Its a great area, perfect for a house hack, I dont know that it will still cash flow, as a lot of them in the area were torn down for condos.If its your first property, first time as a landlord, getting something that has an ok return is perfectly fine if you are going to house hack it for a couple of years. 

Buyer to pay $4000 toward commission at lease signing and seller to pay remaining commission plus seller HER feeSale price of $72,000… Lease payment to be $685 month.Lease payment to have principle reduction as if we had a note for $72,000 for 420 months @ 7.5%

Some important notes, Property 1's value has remained basically the same.

In our current market, most units would be leased within 30 days so the landlord would only get the security deposit and not be able to sue for the rents based on whatever number of months and years remain on the lease.