What is included with the monthly management fee?

I will also assume that you have some reserves to cover issues, etc.There is no cheaper source of money than a conventional home loan (not including friend/family loans). 

NONOPayment Calculation Years 1-30 Principal & InterestMortgage InsuranceEstimated EscrowAmount can increase over timeEstimated Total Monthly PaymentEstimated Taxes, Insurance & AssessmentsAmount can increase over time See page 4 for detailsCosts at Closing Closing CostsCash to CloseCLOSING DISCLOSURE$836.31++--$836.31This estimate includes In escrow?

Talked to the Loan officer late yesterday afternoon and indeed they include 3 points on top of closing.

Essentially, you want the property to pay for itself, including the mortgage.

My plan right now is to finish up the book and learn as much as I can about REITs.

Assuming that you're accounting for ALL expenses including vacancy, maintenance, CapEx, insurance, etc., then that is still a low return from the cash flow side of things. 

We are setting up an assembly line to serve the investor community here and will offer a large demo crew, buildout team, fit and finish team, MEP team and curb appeal team.

Take a photo of him with your phone to include in the letter. 

My partner and I have been looking at multifamily properties, and I was wondering if there are any legal issues with renting out rooms instead of units and also renting out finished basements in CT or NYC?