(probably more) -- It's unlikely you'll hit $10k in expenses.

That sort of difference in expense with turnover/vacancy means that the approach to tenant retention means something different to the business.

Put in expensive toilet paper and see if you get comments on how nice and cushiony it is.

if you are renting is it inexpensive and therefore creating cashflow out of state can bring you closer to a net zero cost of living?

Probably we should have considered this( closing timeframe). at the time of purchase and looked at properties that would complete before the school season starts. 

You can do some inexpensive value ad items.

How much profit at the end do you expect to realize and what time frame do you project to receive it?

My rentals are in Denver which has strict late payment laws and I was able to customize the late payment options to automatically apply in the right timeframe to abide by the laws and also not accept partial payments which I very much appreciate.And if you’re curious about Baselane’s 2-day quick pay features or have questions, feel free to ask!

So if I am looking at an asset as a 10 year play - I look more at the location, schools and how has this market performed in the past excluding covid and 2008 which were extenuating circumstances.Reality is right now shorter term plays do not work based on numbers and cost of financing - we went through this same thing in 2001-2004ish timeframe where properties would appreciate 2-3% per year and after buying costs and closing costs - you were not making money on assets unless you performed the labor or found a really good deal.this is how real estate "typically" is - which is why everyone always says location location location - because after a decent holding period, you will win.

Each individual owner can have their own Deferred Sales Trust:, the assets of which can be managed to each taxpayer’s own individual risk tolerance and preferences. 4) A 1031 Exchange alternative or rescue- Unlike a 1031 Exchange, the proceeds from the sale do not have to be invested in “like-kind” property in a very short timeframe to achieve tax deferral.