Secondly, should I include a replacement reserve for bigger items like roof, hot water tank, appliance replacement, in this number or is that an additional number?

I have a 4-plex with a well and I’m redoing my plumbing so that I will have 4 hot water heaters.

I have always bought and sold lots of cars, mostly old cars, hot rods, and race cars. 

I’d rather buy a house for 50 grand and make 800-1000 a month in rent equating to 300$ Positive cash flow per month in my pocket and have the tenant pay it off free and clear for me regardless of the economy ...then to spend 300-400 grand on the same size house in a hot market , have negative cash flow each and cross my fingers it’s still worth 400 grand or able to be renting when the economy is in a crisis.

Account ClosedK so you're using Forced Hot Air in the winter and then window shakers for AC in the summer?

Hey all,My wife and I are starting a mailer for off market properties because MLS hasn't worked for us in this hot Phoenix, AZ market.

In California, for instance, all new construction has to have solar panels, that uses CAT6 (Ethernet) cable.

The RE market is still hot and people continue to move in from out of state.

@Brian Mackey Yes, Fayetteville is a hot market right now!

We live in an area with a very hot market in Maryland.