As to tenants taking care of you, that really changes from tenant to tenant and if someone is asking for extras now then they're likely going to start asking for more and more in the future. 

Remember, prices have to drop by more than your ROE per year just to make your extra work worth nothing.  

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I love the idea of real-estate and need some extra money so I might try flipping or wholesaling while building money to find a house to make into a rental.

The two best ways I’ve found to fatten the bottom line is via fees or reduced turnover or repair cost.Pet rent, lawn care fees, and things that breakdown due to tenant usage are my go to items.Number of bedrooms, extra features are only a selling point.

Your reputation is also a big consideration that is worth more in the long run than a few extra dollars right now. 

I will explain some of the issues that delayed our closing but some of them were due to extra steps the bank had to take to mitigate their risk since we were such a new company.

I understand that buying cheaper homes is way more risky but I know folks that had been able to make it work for them really well and is just more in alignment with my risk tolerance.

The reason I did the high percentage debt is that hard money folks seem slow and getting cash off the credit card was such a quicker process. 

Good day folks,Love this site and the podcasts, wish I found it sooner.