Buying a Multi Inland Empire CA Looking for Advice/ Tips

[Dustin S.]

Hi all I am getting ready to buy a multi family probably a triplex in the Inland Empire area of California, the area east of Los Angles. I am concerned I am overlooking some of the details. I am looking at primarly triplexes right around $250k with gross rents at about $2400/m. With 20% down PITI will be about $1400/m and managment, vaccancy and Repairs will run another $600/m. I've noticed that if the property doen't have tennant paid water it pretty much kills the profit but is there anything else I am over looking. I would love to get your thoughts and suggestions.

Thanks
Dustin