. $17,800 for the year comes out to $64.49 per month per unit for gas, water, and common electric.

I would argue, in fact, that it is the most common strategy people have followed in this country for decades.

Our number is 10% (very common for most QSRs).

.: $1,800Repairs(Not Much Needed): $3,200Utilities(Water, Common areas electric): $1,500Maintenance(5%): $1620Lawn/Snow Removal: $1200Total Operating Expenses: $12,520Net Operating Income: $17,180Annual Debt Service: $9155Cash Flow: $8025Cap Rate: 9%CCR: 16%Am I missing anything?

That is better than good because, one, we have too much to learn, and two, though LJ is receiving his monthly ssdi [ not ssi] checks there is a backpay complication [ I guess common in cases like my son since he has never worked but is still eligible for ssdi because of survivor disability payments] which may take a few months to clear up.]Okay, we will have about 20 grand down [plus a few grand for closing costs] and Mark said that he will do an interest only loan for 5 years [6%] at which time he will owe the full amount [we're looking at $30 to 50 grand in addition to the initial 20 thousand.

It's pretty common for military, as many are coming from far away, I had one family coming from Guam with kids and dogs and they are eager to have a home when they land and an address for the government to deliver their household goods.

This is an interesting one and likely the big fat core problem.

That is a common disposition, sending the message is what they really want, the inspector types or with many compliance issues.

No idea if those are still common in your area or not.

Sorry if my fat fingers clicked the wrong link.