What structure do you have commission wise with RE/MAX?? Is

One issue is that 60 day HOA dues delinquencies exceed 15% max. I

My inspector gives me a report within the same day (next day max).  I

For example, the month-to-month property management rate for my Virginia property is 8% of gross rents.Marketing and placement of a new tenant is 80% of month. 1 month = 8.3% of gross rent, and .8 * 1 month (.083) = 6.67% of gross rent.Renewing a tenant is $500 which is 27% of 1 month at my property. .27* 1 month (.083) = 2.25% of gross rent.Minimum I pay= 10.25% of gross rents (8% +2.25%)Max I pay = 14.67% of gross rents (8% + 6.67%), assuming the tenant turns over every year.Some management companies also charge for inspections (like my former VA manager who I just fired).

Always keep an eye on your downside risk.Hal, ok, I see what you are doing or rather what your assumption is: "relever every time your properties go up" - you are assuming - with these people - that EVERY property is ALWAYS re-leveraged to the max. I

Max is 75% LTV. 

I am wondering if investors like 10% annual return for 3-4 years and 25% return on initial investment at the time of exit (refi or sale), 4 years MAX. I

My plan, and I believe it follows the IRS guidelines is that your max is actually (Lmax = $50K -highest prior loan balance in the prior 12 months.)

So I just wanted to put out WHAT I'm looking for and see if I'm being realistic. 1) Planning on purchasing an SFR with a live-in-flip type strategy2) If it is fixer than I want 20% equity in deal (i.e. if the home's ARV is $300k then my max purchase price is $240k minus repair costs)3) If its not really a fixer, or minimal fixer then I want at least 15% equity (home with ARV of $300k then my max is $255k minus repair costs)I've offered on a couple properties so far, both were rejected, which is fine.

Portfolio cash out max is 80% max, usually 75%.