One is the $10,000 repair expenses.

I am glad my pm does not spend more time than it is worth recovering a small expense like a toilet.  

My head is spinning on how to make this run as smoothly and efficiently to help maximize gains and bare minimum, break even after expenses.

Also, make sure you thoroughly research rental demand and average rents in the specific area of Miami you’re considering.

I like using QB for tracking expenses and was thinking of rent redi for rent payments, maintenance requests, and screening.

Let’s look at the math.Pre-Covid, the National Apartment Association (NAA) released data showing that the average renewal costs between $5,000-$10,000 per unit.

Determine Your BudgetSet a Realistic Budget: Consider the cost of tuition, living expenses, and your financial situation.Mortgage vs.

If you'd like to, let's jump on a call to see if we'd be a good fit to work together.What would you estimate the average rent to be on one of the smaller new builds say in the high 280s a 3bd/2ba.

Most syndicators are not very motivated to put together profitable deals because they make money by putting together the syndication itself.As I've mentioned, not all of my passive investments have done great, but in aggregate they have done better than average because none of them have any of the items mentioned above. 

(The people running 500+ units or $100m syndications when the average BP listener (I assume) has 1-10 units and is worth $1-5M.).