Their "local metro managers" have no authority, no access, and no way to actually help - they basically act as a buffer between the client and the home office.

I usually put a 10% buffer in my rehab estimates to cover any unexpected costs that may arise.

You won't be incurring these every year..I think you should sit down and just run the numbers for the next 12 months, taking into consideration only what you expect to spend to operate the property, expect to spend on maintenance and a buffer for emergency repairs.

So, if it costs $200K to build a home, you should set aside $6K-$10K as a buffer.

What is the best way to provide a legal buffer and prevent your home address from going on public record?

To mitigate these risks, it's crucial to thoroughly research the market, obtain detailed cost estimates, and build a buffer into your budget to cover any unexpected expenses.

Transitioning from W-2 to full-time REI requires setting up a financial flow buffer, networking, and early education.Good luck!

Bigger concern is making sure you have enough buffer that its not going to be an issue riding the volatility out until the rents go up enough you don't care .

Securing a strong deal upfront is crucial, and adding a buffer for unexpected costs is a smart move.

For example, build a buffer into your timeline and budget based on your previous experience with contractors, or seek out properties where the rehab is more cosmetic than structural to reduce the complexity.