So a little lower revenue is undesired, but I am in a position to have no issues absorbing it.  

Over the years it has gotten more competitive but I have expanded to other Ohio markets and have gotten into strategies that produce more revenue, like Airbnb

Let me know what you think... here is how we structure our fees for our owners:- 10% of ALL revenue collected (the percentage drops at 10 units and 20 units).- 50% of 1st months rent when procuring a new tenant.- 10% project management fee for project $2,500+.- $25/hr for extreme maintenance circumstances (ie hurricane clean up)Thats it... neat, simple, easy to understand, AND transparent.

Right now I think it’s a good idea so we can claim the rental revenue as income. 

Josh - I think the exercise that would be good to go through is to develop a pro forma showing your current revenue/expenses/income as well as a projection for future years.

I have $32,400 annual revenue.

Opex ratio: Is 35% of revenue a solid assumption for operational expenses - insurance, maintenance, etc? 

We brought in $31.37k in revenue with 89 bookings and 83% occupancy $136.98 Average daily rate from 9/1/23 to 6/1/2024.

@Sonal Chopra what a great question, thank you for asking this to this community.Long-term goal would be the same goal my wife and I have today; Build, passive on going revenue streams that exceed our current and future expenses with the ultimate goal of giving away 80% of what we make to charities and causes we want to support.

On average, what percentage of revenue are going towards operating expenses?