Your tudor style four-unit on the quiet cul-de-sac isn't going to drink on the job, steal toilet paper and embezzle quarters from the washing machines...

I fear the financial stress will be great without having anymore additional income than my 8-5 job.

For example, do you guys want to be tenants in common?

We had a small fire in the common area of our association that caused damage to all six units.Some owners decided to take advantage of the situation and add on minor renovations to the repairs.The insurance company (Erie Insurance) recommended that we hire (Perfection Restoration).

You cannot always count on bank employees sitting behind cubicles, snoozing, and not doing their jobs.

@Christopher WestSounds like your day job eats a lot of your time; I am in the same boat. 

Brian,I don't use a software, but basically you would show it as a tenant recapture income that is going to match the common area expense (or almost if there are some items being pro-rated over time).Lauren

That's give you the value.NOI = Capitalization Rate X Value, or, as the formula is more commonly known, "IRV."

I know a common answer is that I have to network, get out there, ask around, etc. but I am still confused on what information I am supposed to be trying to find out from these efforts.

One of the main reasons why I want to do real estate is because after losing my job last because to a merger, I wanted to have another way to provide for my family and to reach financial independence one day.My goal is to become a buy and hold investor, buying duplexes and multi-families in my area and possibly out of state.