I will say 4% cap rate is extremely low, even larger more desirable properties are in the 5.5-6.5% range which will change your math significantly

The property is a 3 BR/1 BA in Benton Park neighborhood of Bakersfield, CA.I approached this as a BRRRR deal, and wrote a blog post about my sources for these numbers (including the expected monthly rental income, which I realize is extremely optimistic to many seasoned investors, when compared to Rentometer numbers).Even at this optimistic income level, I concluded that this deal was unlikely to succeed. 

Bob can be described as someone extremely intelligent but unable to keep his intelligence on topic. 

@Jerryll NoordenPlease excuse my extremely late response.

Our hopes are to sell the units individually as the area has very little in the way of starter home priced properties, but is extremely popular because of the excellent school district and high quality community.We are considering flipping the standard "one road" site plan and instead running a one-way street around the back of the units and facing them all into a common green space (pocket neighborhood style).

Another reason is if a really good deal showed up on my doorstep today (that either came to me organically, or I've uncovered), either off market or on market, I can close extremely fast if I need to to get the purchase.

BUT tenants usually punch holes in the walls or smash a window before they run the tub for a month (doesn't cross their mind)You can always monitor water usage online, daily and by the hour. 

While we believe there are certainly ways to incorporate e-authentication into the legal systems, it is critical that non-repudiation be the primary goal of the software platform, as well as security to prevent malpractice.EU regulation on e-signature usage in courtWithin the EU, regulatory standards on eID and e-signatures are implemented to ensure that, when adhering to said standards, the issues raised in the DocuSign case are not applicable.

However, I am a 39 year old working professional w/ 3 extremely busy kids and things have become increasingly difficult to manage.

Know I am extremely picky who I work with.