@James Hamling is mistaken as usual; but that's normally the case with him.Lol, yeah what do I know I only manage 1,500 odd SFR's. 

My question is, do you keep your gains in a normal checking account and do not worry about inflation working against that account or do you store funds in a high interest bank account or a mix.

It's not that different from a normal rent increase.

100% occupancy for a LTR is normal.

LTV is normally expressed as a percentage and that percentage is of the ARV.

We actually just had several go in on Livingston ave on the west side where I'd not normally think would be desirable, but they look great and really brought the block up.So I'm a huge fan personally from seeing them go up in my own area.  

So, normalize those values, the state each year will determine the ratio by which the assessment differ's from today's values.

Not likely), vacancy (@ 8% for me), and a possible PM (10% normally).I recommend you reach out to a local seasoned investor and have them run your #s with you, as the #s depend on how you manage it (how hands on you are) and also local pricing.

Curious if this is normal practice or in other management agreements people have signed? 

I'm struggling with the idea that it is somewhat normal in this market but it does seem like it would be a negative to potential tenants.