I will say I think the average is closer to 20% of gross revenue. across the board for this type of service.

If rent goes up ONLY by historical average of last 20 years, that means rents are now $2,730-$2,948. 

If have RCv vs ACV all that means is a 90%+ discounted roof replacement every 17yrs on average.

They might as well include altitude, average precipitation, or wind direction, which are just about as relevant.

This implies, applying the historical average appreciation, you have return appreciation over $3.5k whether the tenant pays or not.  

I am considering buying a property in the Myrtle beach area since it seems like it’s an affordable are with good cash flowing properties but it seems like the crime rate is above the national average.

How does one acquire the necessary information in determining average monthly income?

If there are on average 3-4 people in each rental unit, that means they need about 23,000 rental units.

February alone saw a 46% jump, while April followed with a 38% increase in loan volume.Current Interest RatesOn average, interest rates nationwide hovered between 11% and 11.5% from February to April 2024, with an average loan amount of $460,000.

The average tenant is very difficult to collect from depending on your state's laws.