Adjustment to 50% Rule

[Ryan B.]

It seems as if a large number of buy and hold investors try to use the 50% rule for their rental properties. I myself think the rule makes perfect sense and that is what I use also.

I would like to get everyone's opinion on if I should make an adjustment to the 50% rule since I personally do all the maintenance and management of my rentals (these are then not coming out of the 50% for expenses, except for materials on repairs). Part of me says I should maybe adjust it down by 10%-15% or so, but the other part of me wants to be conservative and not count the extra as cashflow.

I would love to know if anyone else adjusts this ratio when they do the management and maintence themselves. Thanks for the input.