But your average buyer?

We are in a suburban market and we average an 18% vacancy rate. 

The average price per land for urban infill going 6-12 stories high on a higher density product is about 5 million an acre up to about 25 million an acre. downtown market premiums I've seen at the highest are 1200 a sq ft. in columbus you can get land about 1.5 million per acre downtown at best price, sells for about 600 a sq ft max, very little competition compared to miami. tampa I didn't really look at too much because miami has 22 zip codes that you can build at least 6 or 8 stories on and just a much better landscape than other markets. tampa is a little bit bigger than columbus but in my opinion more of a suburban market. miami is landlocked and very limited so everything is in redevelopment. both are amazing opportunities but the barrier to entry is much higher in Miami with the smallest plots of land infill going for at least 1.5 million I would say in areas like Wynwood Norte, Wynwood, etc. we looked all over but prefer east of 95 due to the condominium opportunities. multifamily is very strong in both markets but the condo premiums make it almost silly not to do one from the start and the use of deposits versus a single asset lease up and disposition is a longer sales cycle than the condo buildings being sold out prior to completion.

He says his average repair is $150-$175.The rental range for my units are $2300-$2550 (the latter would be with a dedicated laundry set up).

The only requirement is that I don't exceed about 185 nights of rentals a year, and I average about 160 so I should be fine.

Hey Jack, Yea we hired 2 callers, they make roughly 100-150 calls a day on a triple line dialer. averaging between 2-4 leads a day and about an appointment set every other day.

Also if you have leaks in one unit and not the other then the other tenants are paying for that.There are services that put a private meter on each unit so the tenants are billed on what each consumes  versus averaging out.

Not all things you consider an expense are honored by the court.For example, in a Colorado Court of Appeals case, “the trial court found that the principal portion of the mortgage payments did not qualify as ordinary and necessary expenses for purposes of calculating child support.”It’s All In The NumbersAccording to the Census Bureau, “Parents who received regular child support payments received a monthly average of $604 and a monthly median of $396 in 2017.”

My average turnover vacancy is less than 15 days, so I lose half a month of rent and utilities.

On top of that, Section 8 tenants are more trouble than the average paying tenant, and they are more likely to create costly turnovers when they eventually leave.