You'll waste that much in gas with just 2 no-shows.Here's an example of our info sheet:

Property Cost $200,000.00 Repairs Needed $50,000.00 Number Of Units 10 AVG Rent Per Unit $475.00 Gross Schedule Income $4,750.00 Vacancy Allowance 10% $475.00 Gross Operating Income $4,275.00 Less Operating Expenses Accounting $25.00 0.58% Advertising 0.00% Insurance $125.00 2.92% Lawn / Snow $- 0.00% Repairs $85.50 2.00% **Since i guess high for repairs, i lowered this down to 2% Monthly Taxes $458.33 10.72% *** Renter pays Utilities Electric $- 0.00% Gas $- 0.00% Fuel Oil $- 0.00% Water / waste $- 0.00% Total Operating Expense $693.83 16.23% Net Operating Income $- 0.00% Property Cost With Repairs $250,000.00 25% Down $62,500.00 Additional Cash Down $- Remaining Balance $187,500.00 Gross Operating Income $4,275.00 Monthly Mortgage $1,875.00 Total Operating Expense $693.83 Monthly Profit $1,706.17 36% profit My formula always shoots higher on the cost to protect me.

I learned from it, and I can tell you it will never happen again, but I am not blaming the other party, just myself for being to inept or trusting to prevent it.In this case, yes the economy would be slammed if they went bad, but just like with Gas Prices, I think it might be good for us.

It is too overwhelming for them to do that on their own and with gas at $4.00/ gallon +, most are choosing to use a real estate agent who can easily pull together properties and drive them around.

I've got access to hardwood floors quite cheap, and I figured that would be one thing (much cheaper than carpet).Would you go electric or gas for heat?

At least I got a few bux for gas on that one.Luckily I held out and found a great tenant a few weeks later.

The income of the tenant; inclusion of appliances; the power source (gas or electric) for heating and other appliances; whether it's an initial Section 8 leaseup; etc are all factors in the rent Section 8 will pay.

Trying to be a little greener in these '$4/gal. gas' days.Love efax...makes things run fast....but I still fax out via the old stand-by.

.- Install added insulation (attic, basement ceilings, ect)- Install Energy Star appliances- Convert oil furnaces to gas if possible.- Upgrade furnace to high-efficiency unit (90+ rating)- Convert oil water heater to gas if possible.- Recycle: demo, paper towels, drink bottles, ect.- Replace the toilet (old toilets use a lot more water!)

Use your subscription fee for gas money and drive down to your local court house and get up to date information!