Budget 5-8% of gross collections as maintenance then tack on the property managers margin to give yourself a better idea of your management cost line.

Most common mistake by far IMO is not budgeting enough for rehab.

Hello Sir, when I get a wholesale deal that meets your budget will it be ok to contact you?

You can get a fix and flip loan for an investment property with up to 90% of the purchase price and 100% of the rehab budget with up to 75% of the ARV.

If cities had people actually budgeting correctly, maybe we could stop raising the rents every year.

For a budget-friendly and tenant-sturdy bathroom update, you could replace the counter sink with a vanity with a durable quartz countertop and an under mount sink for easy cleaning.

Right out of the gate I was over budget.

Don't get involved in their drama or try to make the rental fit their budget."

The city's universities, hospitals, and growing job market contribute to a steady demand for rental properties, especially in desirable neighborhoods.Considering your budget of under $1.5 million, there are plenty of investment opportunities in Philadelphia that align with your investment goals.

I like the pricing suggestion from @Jon Martin , as well as the budget design tips, I do think they help.3.