It is our goal to deliver all of this in the RTR Academy along with a plethora of benefits to students to include:-VIP access to RTR inventory before the general public-ability to earn back course fees through investing & our attractive referral program-tax, legal & investing advice from our team of attorney, CPAs & investment advisors-no cost SDIRA or solo 401(k) account to invest through retirement vehicles -lifetime membership with no ongoing or additional fees, etc.!

Just kidding (sort of).A lawsuit will cost you $25,000 to $125,000 and a year and a half of your life.

This is just a brief post to give some insight into the local maintenance costs in the Metro Detroit area. 

Houfy now has a damage protection plan that costs the guests $5 a night and does light identity screening through SuperHog. 

Be focused more on systems; i.e, are we saving enough money to invest by not indulging in other areas and prioritizing the right specific things, is the cost of this pursuit worth what you're sacrificing, if we keep $X set aside everything else above $X should be invested here in the short-term and this in the long-term.

@Nate Pucel The depreciation basis for a rental property includes the purchase price plus the cost of renovations and improvements that add value or extend the property's life.

The cost would be about 500k about $250k cheaper than it would be to buy another duplex property in my area.

This helps determine if I would be responsible for covering those costs.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Interest rate is 6.3 and cash to close was $23,500.00 due to higher closing costs with DSCR loans.