., so the $3-400 'cashflow' would probably be closer to $0 or a loss on the property they were analyzing. 

Allstate and State Farm in Illinois lately have been huge a**holes as far as providing coverage when a loss occurs.

So I take what you have and what you expect, estimate the time it would take in a whole year of work and create my flat rate.I notice short term rentals are about 1 hour a month of work per property, since we need to track each property's Profit & Loss for Tax time, this is also tracking a mortgage and depreciation as well for that property.

Let me know if you have any questions or if I can help in any way. .logo-full .banner .brand .brand-logo{width:auto;height:auto;max-height:6rem;}.banner{margin-top:0.5rem;margin-bottom:-0.4rem;}.alignfull {margin-bottom: 20px;}.content .h1, .content h1,.gform_heading .h1, .gform_heading h1 { font-size: 2.75rem; font-weight: 500;}.how-it-works-head{font-size:228% !

And the only job losses that result from raising the minimum wage are youth jobs and that's because adults will take them if they pay well enough to make them worthwhile.

Screen tenants, Implement thorough tenant screening processes to minimize your risk of vacancy and potential rental income loss.4.

Download a spending tracker.When I wanted to lose weight I downloaded a food tracker.

Get ready to spend some serious time shopping insurance and make sure to get rental income replacement coverage in case of a loss.  

The loss given default on 2nd's can be much, much higher than that of 1st's.

I would also be added to the hazard insurance as an additional loss payee/mortgagee and have a lenders title policy for every transaction as a way of further protecting yourself.