While interest rates are high compared to the recent past, they are in line with the historical norms.

Seek out areas where rental demand has historically been steady.Attend meetups and networking events in the Richmond region to make connections with nearby real estate investors.

Education and research hours, "managing the property manager" all have failed under audit historically. 

I used the long-term historical stock market ROI of 8% for option 1 and 11% for option 2 (rental CF).

Contact the utility provider and get a historical average based on the last year of use.

Hi, I would like some zoning and investment deal advice.I am considering a property in a small town with decent historical appreciation, because I see the possibility of living there with an improved lifestyle as well as cash flowing rentals already on the property.

These numbers should be determined using a combination of the historical financial data available, feedback from your property management company, your business plan, and the property characteristics.Generally, you can expect per unit numbers like this:Repairs & Maintenance: $200 – $500 per unitAdministrative: $150 – $350 per unitUnit Turnover: $200 – $300 per unitContract Services: $200 – $500 per unitUtilities: $800 – $1,200 per unitAdvertising $100 – $300 per unitPayroll $1,000 – $1,600 per unit (very market specific)Insurance: (very market specific)RE Taxes: (very county specific)Again, these are very general per unit numbers but they should help provide you with guidance. 

Here's my perspective:The current rates are historically low, we all got spoiled by free money during the 2%-3% mortgage rate era.

Understanding and taking advantage of the variety of tax credits boosts the return on your property and allows you to be part of the move to conserve our nation’s historic treasures.When rehabilitating or investing in the rehabilitation of an eligible historic or non-historic building, you may be able to take advantage of one or both of the historic tax credits: 1) Historic Tax Incentives and 2) Historic Preservation Tax CreditsYou can receive a federal income tax credit equal to 20% of the costs associated with rehabilitating the building.

Any historical society complications?