I wouldn't have told the tenant I intended to sell the house but that ship has sailed.The tenant is responsible for the full term of the contract.

Purchase price $170K25% down: 42,500127,500 Financed over 30yrs @ 5.250 (Of course, yesterday the feds rose the interest rates.)Out Of pocket: $51,000 (Includes closing costs($10,000) and down payment.)Expenses: (Month)Mortgage: $704 @5.25%Taxes: $416Sewer:$150Insurance: $83.50Oil Heat: $50Misc: $100Total: $1,503.50Income:Unit 1 : $1000Unit 2 : $875Unit 3 : $800Total : $2,675Yearly:Income $32,100Expense: $18,042Total made after expenses: for the year $14,058Now for the amount i'm putting down would you consider this a good or bad deal?

I've heard of this stategy being used and if it's a property you're looking to buy to live in then the comps including recent sales and expired listings should tell you the story. 

Some of his requests include asking to spray his exterior wood pile for spiders, replace a dryer knob, replace working doorbell, and increase flow of refrigerator water line.

I already plan to have it included in the lease and agreed upon but doesn't the water bill follow the owner of the home?

If anyone in the New Orleans area including Lafayette, Jefferson, etc. needs any help with anything regarding real estate, please let me know how I can help you.

IF there is a no-fault eviction, you cannot re-rent the unit within the time period required for the property which includes short term rentals like Airbnb.

Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now did I understand correctly that the 630 $ should taken out against the monthly cashflow without a loan, not including vacancy, capex ?

Please correct me if I am wrong as I am about to jump ship to MF.1) My SF properties often are empty at the same time - summer - because everyone is moving after the school year.

Are mezzanines included in the floor space or added to it?