Occasionally I will just have general anxiety, though.

Trust your underwriting not the marketing book because they may only factor in “annual operating” expenses and oftentimes don’t include misc. costs, reserves, management, maintenance, turnover, leasing... shouldn’t include cap-ex but you should take into consideration required improvements that are non-recurring and address up front IMO.

Now her cat has anxiety the vet has told us.

Large or recurring expenses obviously can eliminate the positive cash flow.

Renovations can recur more often than multi-families & are capital intensive.  

I've made too many acquisitions recently and my liquid reserves are quite low and I'm feeling a bit of anxiety because of it, to be honest :).

I think I can wipe out $650-700 in recurring payments in exchange for a $200-250 per month mortgage payment bump.

A recurring $600 payment at 10% cash return (again, ignoring the equal importance of appreciation and debt paydown on any incremental properties purchased) has an end value of $123,921 after that same ten year period.

., 11/01/2018), so we are only at the beginning stages of our mechanical and electrical renovation process, but have already been able to eliminate certain recurring operating expense items that were unnecessary and provided no incremental benefit to the property from being incurred.

Our return calculations include all significant recurring costs (taxes, insurance, management, closing costs, debt services, etc.) with a 20% down 30 year loan.