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Updated about 6 years ago,
Maintance cost for a duplex-fourplex in so-cal.
I'm looking to buy my first multi-family property. When crunching the numbers I always get stuck on maintenance costs. I know people says 50% of the mortage, but that seems like a lot. Is 40% more realistic? I know every property is different. Just need advice from experienced investors on their properties average maintenance in so-cal. Thanks in advance!