After including property taxes, insurance, property management, repairs, and including 2 months of vacancy per year (just to be safe), the BEST deals I've seen would only net me a 5% annual return on my investment.

(Clearing the tree, repairing the roof, or replacing flooring after the hose let go)If the answer is yes, you are strapped enough to submit a claim for that, then yes, get a policy with a lower deductible.

I own a 5 unit plus a commercial on the same block & lot.I am behind on my payments Only 2 units are rented and the building is in need of some major masonry repairs & interior work.

Since it is an OO, I suggest you do the minimum repairs to get in it.

It all depends what you think a good profit is, but generally, you should be looking for 65% of the After Repair Value (ARV), minus the rehab costs.

Only a small account for basic misc. expenses, small repairs, bigger things approved by or handled by yourself or management company3.

Could be higher, but will generally be at least 10%.In terms of figuring out the values, you don't need to figure out the pre-repair value (that doesn't matter)...you just need to figure out the after repair value (ARV).

It is a two unit duplex and one is currently rented, the other needs a few repairs and should be ready to rent in a month.

I hired my cleaning crew to clean/repair much of the mess ($150).

You can cover that and how repairs are handled, management, etc. in an operating agreement.