I figured insurance at $35 per month based on my agent's estimate on a simpler property and vacancy, cap ex, repairs at 7% each or $40 per month.  

After ALL the expenses (taxes, insurance, vacancy, utilities, maintenance, cap ex, HOA, Mortage ect) would it still cash flow an acceptable amount with two tenants?

The specific summary I am looking at lists a few items including the following: Install Smoke Detectors Install Missing Blow Down Pipe Install Cap on Open Sewer Line Then there is the following: Total Escrow Amount 0110% of Total Escrow Amount 0Thank you in advance!

A summary of the changes can be found here:SEC Staff Recommends Updates to Accredited Investor DefinitionWhat's good:You can now take a test to qualify under the proposed rulesThere seems to be some critical thinking about the thresholds and indexing them to inflation instead of picking an arbitrary number and leaving it staticThere seems to be some critical thinking about who can invest whatThose with experience in private deals can exempt outWhat's bad:It seems hard for portals or funding platforms to implementWealthy investors are capped unless they make over $500k annually or have $2.5M in net worth

A seasoned buyer should be able to evaluate a deal based on general numbers and cap rate and other factors.  

Always difficult to directly translate to value but I think it  is worth it.Also agree with other responses that I would avoid late/non-payers as well as those that are pains in the back side (for me only 2 out of 44). 

There are other good uses of old structures for firefighter training that may not help you solve your problem but are difficult to simulate due to their destructive nature such as forcible entry (ie breaking down doors) and vertical ventilation (cutting holes in roofs) that you might mention when trying to sell your idea.  

With turnkey rentals, it would be more difficult.

What if there's an unexpected cap-ex expense that you didn't budget for?  

i'm very much interested in multi's. as of yet i've not found a good deal. some have come close on paper, but are too close for comfort when it comes to trying the numbers out in the real world.i happened to run a SFH through an analyzer earlier, though, and it is screaming potential. 29.49% cash on cash return, 11.95% annual cap rate, and ~$245 in monthly cashflow. assuming it's not too good to be true, what are your thoughts on me following a deal that looks like a great deal even if it's not strictly in my ideal criteria?