It will be assessed based on comps, but you should always ensure a property meets your cash flow and cost per unit benchmarks. 

Hi BP, I am looking to benchmark operating expenses for a portfolio of large apartment complexes throughout Texas, specifically in the Houston, Fort Worth and and San Antonio markets.

After lecturing them about how ridiculous that was, I dropped them on that same phone call.Something to note: A conventional mortgage will have a clause stating you cannot operate an STR with your property, and you cannot drop your original policy until you hit the 20-25% equity benchmark in your loan or amortization schedule.

What do you use as a reasonable benchmark?

I mapped out a timeline of when she would hit certain financial benchmarks through this expedited savings method, and that really excited her. 

For a 48 unit property, we would base expenses on benchmarks for our market.

It seems the overwhelming consensus is saving for an investment/down payment, with increased liquidity leading to more opportunities.Andy, great addition of the $0 benchmark and your $25k+ recommendation I'm sure resonates with a few ;)

I was aiming for 25-50 a week but literally have no benchmark to set it to.

Ignore one or more and you can't properly benchmark investment alternatives and the return on your personal capital. 

I asked if retirement plan money counted, and was told 60% went toward that $100k benchmark.