Using your ratio that leave 13.38% for pm, insurance, maintenance/cap ex.  

@Dallas Smith To defer capital gains on your investment property, a 1031 exchange is an effective strategy, but the replacement property must be held for investment purposes for at least two years.

From what I’ve seen in Bloomberg, it also doesn’t hurt to keep tabs on any shifts in local buying trends.One more thing I’d consider is the exit strategy.

Taylor sent multiple email inquiries to our insurance provider asking what risks their policy covered.

When evaluating potential properties, consider three exit strategies: if you can sell quickly for a profit, hold it as a rental, or take a loss.

What type of investment strategy do you focus on?

Cool, what are you focusing on to pin down which investment strategy you're looking for?

That's easy compared to trying to fight and erroneous $13k water bill (a real issue we had) or an insurance policy tripling (that too).

I hope management works, but taxes are flying, insurance is flying, and I just wonder if I made a mistake with this property. anyway, sorry for the rant...

I'm going to have to learn some more about how to better identify the markets that are appropriate for my investment strategy.