@Jaycee Greene well within THAT specific price range, No not exactly.

I drive a Tesla… it’s a really fun car… but has so much acceleration you can get yourself in a dangerous situation if you don’t respect its capabilities… especially as a new driver.  

With the situation you're going through, your first thought was likely "I'll raise the rents to cover this." 

Here are a few alternatives to consider for your next property:One option is debt-service coverage ratio (DSCR) loans, which are specifically geared towards real estate investors.

I never go off of a flat percentage on anything, I analyze the costs to get to a specific return I target and analyze the risk that is involved. 70% may be an initial metric to see if it is even worth pursuing, but every deal should be evaluated independently based on costs, time and risk involved.

@Mindy Jensen - I’m a GC from California, specifically the SF Bay Area.

I think it's going to be location specific for sure; where I am very few people hang out in the house all day long as they are usually busy hitting the parks and attractions. 

Rent control laws are market specific.

- Are there specific tools, resources, or methods you use to simplify the regulation process?

Home warranties can sometimes cover rental properties, but it really depends on the specific terms of the warranty and the provider.