You are absolutely correct Phillip.

I think the information is great but it is also an exceptional motivation tool.

My best guess is your agent is correct and the listing agent made a mistake.

I cant reach the contractor i did the rehab with...The scope of work consists of various electrical works such as correct GCFI for refrigerator, some leaks to be repaired in dishwasher drain and bath sinks. install a proper flex gas line for water heater. relocate ground wire in breaker box and some minor stucco damage repairs.I was wondering if anyone here knew what was the most cost effective way of going about this request for repairs while the property is under the corporation's nameI want to be a straight shooter and do things the right way.Thanks!

Thanks Philip,If I'm reading correct on a multi-family the GLA would not include the garage and the GBA would.

Also, if I'm understanding correctly, you're saying that you think you could make significantly more profit than anticipated now?

Hey Gary, obviously Rich Weese is 100% correct.

Use the search tool in your upper right hand corner if you aren't already.

The tax deduction is pre-tax cash-flow minus depreciation, correct?

I just read the "Ultimate Beginner Guide" provided by BiggerPockets and noted the investment rule of 2%, and find it may not be realistic in my humble opinion.If I am correct using the 2% rule, a home that cost $200,000 should rent for $4,000/mth.