I’ve got accepted terms on my first 4 flat after several counter offers....negotiating the closing details.

Here is my point, going straight to a process that gaurntees you lose money due to vacancy and turn over costs instead of setting them straight is just flat out bad advice.     

Hi @Andrew Postell, I'm currently working with an investor and I think I most of my key concerns have been covered:  -Transaction offered at 5% interest rate flat without any prepayment penalty attached to the loan.

Flat fee credit ($50, $75) or flat daily fee ($15 per day, $20/day...)3 Some other metric...?

Rochester is attractive on paper based on the returns you can get with lower price points on homes but you have to consider the trade offs of the local market ie. high property taxes, flat population growth and job growth of about 1% year on year. 

In terms of maintenance costs and durability, how do flat roofs compare to pitched roofs here in Austin?

I'm looking at a 3 flat right now and one unit I will live in and the other units I will rent out.

There is always going to be information that is not as useful, pertinent, or flat out incorrect, but this is an excellent community to belong to.

I've been looking at some small multi-family properties lately, mainly two and three-flats. 

Accountant said kitchen and floors is 7 years, roof if flat is 15 years. is that incorrect