However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

My property manager says there was no indication that the tenants are at fault.

Are you accounting for everything—taxes, property management, maintenance, insurance, reserves—and still hitting your target returns?

I currently work with investors who are looking to begin their portfolio in turn-key real estate and manage for them on the back end so they can still enjoy their everyday lives while having a resident in place paying down their loans. 

Connect with local agents, and property managers to access off-market deals and get insights on strong rental areas.Good luck!

Hello Evan, I have helped a number of Bigger Pockets investors build their portfolios in Syracuse and surrounding areas.

I’m excited to exchange ideas and see where we can take your portfolio!

It would just need to be a situation where they have great contact with the person doing that managing of the project (I.e. have known the person for years, great reputation, person has experience in flipping etc.).

This will be some management company, right?

I invest, flip, and own a property management company in CT.