If cash flow is what you want start a business, sell coffee out of a trailer, wash driveways of buy a laundromat.

We cleared out mountains of clutter, pressure washed the exterior, and tackled endless repairs.

Meaning, no DSCR PITI wash underwrites - it will be based on income plus applied vacancy factors.

When I called the owner and told him who I was, he said he was actually thinking about calling me to see if I would be interested in managing the property for him.

note if it costs 4 times as much to evict but evicting reduced the bad tenants to 25%m it would be a wash.  

Even for window AC's, pulling them out and thoroughly washing them at least annually will prolong their life, unless you are buying the very cheapest units.

My last interaction with an agent was he was supposed to call us Monday at 10:00 a.m. about a property that was in the half million dollar range so a nice tidy sum for basically going and opening a door. 

Monthly social hours with hors d'voures, community BBQ, pool party/cookout, monthly car wash, monthly giveway's (gift cards, dinner with management, etc. for a small group (2 to 5...and post pics on your website) who provide feedback on what areas management can improve, etc.

Most halfway houses and similar stay solvent through donations, government grants and insurance billing.

Too many get tunnel vision on just the % and completely forget there is 3 factors to how the #'s wash-out; the rate, over what time, on what total amount.