Typically you are correct,  however where we are and the arrangements we've negotiated with insurance brokers, contractors, and the like,  our expenses are right around 2 months rents  Your market must be the land of milk and honey seeing as every other market in the country that has a tenant base living in properties in those ranges has an average operating cost that hovers around 45-55%.

They want to put this chapter in their life behind them, not milk it to the point of utter devastation.

Money Mustache!

New Yorkers will go from having an IQ of 0 to 900 when you say those words because now your putting them and thier family at risk and then you will find yourself with tenants milking the system by living rent free for almost a year.

Well Rian, I get the impression that either you don't believe me or you want to milk me for my buyer finding techniques.

Even though inflation caused milk and cars to go up the same %, I was creating enormous wealth because my inflationary asset was much larger than the mailk or car.

This will be right before the washer breaks down because it's doing load after load of diapers every day, the microwave breaks down because it's busily heating up formula and breast milk every day, the range starts a fire because the boyfriend is careless about leaving the burners on, the fridge breaks down because he's doesn't give a damn about about making sure it's shut.It all amounts to a compassion tax they're demanding that you pay because they had the shrewdness to break their lease and you had the stupidity to be a landlord.So get rid of them.

But their is not need for crying of the moon and spilled milk I just have to get in there.

If they are only charging you 4-7% for management fees its because they will be milking you on the back end in maintenance and repair charges.

If it usually takes 20 days to get the property leased up then you don't have to worry as much and milk the higher rent until around the time they are suppose to be leaving.