@Edgar Perez, @Chad Nagel, @Anastasia Jordan the insurance for these types of properties is specialized. 

I would think you would need to prorate all the deductions such as taxes, insurance, depreciation, etc.  7.

Cover half the mortgage/utilities/insurance/taxes etc 4.

@Jamaal SmithWas the increase due to local tax increase in rates or due to valuationMost property taxes are increasing significantly as is insurance because of inflation - everything has gotten more expensiveYou can try and contest the assessment and see if it reduces taxes.

And of course factoring in insurance and taxes.

If they dont pay their car note, their insurance or even just small cell phone bills I know there is a zero chance they will take care of my prop OR pay me.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

As it's me to me, I wouldn't need title search and title insurance and such.

I worked with Scott who has always been immediately responsive and willing to assist with whatever I needed including introductions to lenders, insurance providers, local agents/brokers, tax specialists, etc.

We calculate gross income as all dollars coming in except taxes.Our clients gross revenue is the room rate (top line) expenses minused out and then they receive their net income.Net profit (or loss) would be then when they subtract debt service, property tax, insurance, utilities, etc.