Vandalism being a common issue or bad weather.History can teach us many things.

They can be printed in a variety of sizes too; 6” x 8”, 6” x 24”, 24” x 36”, 12” x 18” and the most common size being 18” x 24”.

I have two four-plexes that were built in the early 1950s and have required a fair amount of maintenance since I closed in May.

[/b]I can also commonly reglaze cabinets in color.

I haven't included anything for upkeep, maintenance, vacancy, management etc.$18,000/year on $372,500 is 4.8%.Who are you hoping to wholesale this too?

Justin,Have you run into issues with the maintenance if something major went wrong?

This thread has had several people offer advice based on common sense and logic and thats all great...BUT...What new and inexperienced investors never seem to realize is that common sense and logic are two things that homeowners don't listen to.Why do I say that?

What is really striking to me is that there is $1,490 for yard maintenance BUT NOT A PENNY FOR MAINTENANCE OF THE RENTALS.

I think the big unknown is generally going to be maintenance expense and maybe delinquencies.

Operating expenses include taxes, insurance, management (even if you do it), maintenance, advertising, utilities (at least during vacancies), capital expenses (although not technically an operating expense), entity maintenance, legal fees, evictions, court costs, evictions, damage done by tenants in excess of the security deposit, I could go on and on.At any rate, you left out all of these expenses, which means your negative cash flow (even with your interest only loan) would be a monthly LOSS of about $768 per month (over time).Good Luck,Mike