I have a lot of experience and can tell you that the majority of renters ask to sign a longer lease because they want to distract you from looking too deeply into their past, they want to entice you to select them over other qualified renters, or they want to negotiate a lower price.

I put in a recurring CAPEX or replacement reserve in my analysis for things like roofs, HVAC, etc. as well as general maintenance and turnover. 

I think the other commentators have it right - a HML that is willing to take an investment that is small is probably not vettable and not a smart play - however if you have ~$500k or more to put in, then the legitimate more easily vettable firms would pottentially be interested - and you would be able to see the sophisticated setup, documents, structure etc and be able to research accordingly

Top of my head:1) it doesn’t matter what prices you put in your lease, you can only charge them actual costs, I wouldn’t bother. 2) You’re removing all incentive for the tenant to clean up and take care of the property.

Thought I'd put in my two cents. 

I do understand Capex would have been good to put in there, and the 10% general rule of thumb will be something I will keep in mind!

That means put in the hard work and dedication to the SPECIFIC type of investing you want to do.

Hi @Neil Patel I put in an offer on a 4plex (26 Ella St) but got beat out by a cash offer.  

Then you're able to put in a city or zip code and then a radius that you'd like to search within.Hopefully this helps!

My partner was messaging back-and-forth with Ryan, he said to put in the LOI and gave us the price to put it in at.