The 10% is probably for ordering items and being there when goods arrive, unboxing and removal of packing materials, assembling any furniture that needs it, placement and moving things around, putting up artwork, and washing new plates, silverware, cooking pans, coffee carafe, prewashing all sheets, towels, and linens etc. 

We advertised it as a "bonus room/ office" and I think that helped attract the right applicants (they were not expecting a 3 bedroom apartment and then arriving to find out it was only 2 beds with an awkward bonus room).  

Curious how you arrived already at Phoenix and Tempe while skipping over some other areas.   

Yes, the cost matters, but it's more important for an investor to understand how the cost is arrived at!

Lenders generally rely on formulas when arriving at the loan amount they are willing to extend to you, the borrower.

One of the hotter areas that you should look at is a little further North in Ocala. 

We also have Hospitable configured to text message me if we don't have anyone there the night before a guest arrives with the canned message ready to go so we can just copy/paste to the guest that they can get in early.  

The only negative is that you have to check your bank account to see if the money has arrived.

The vast majority of states also leverage figures on a federal return as a starting point to define taxable income, making adjustments to those figures to arrive at the portions of income that are taxable for state tax purposes. 

If you send snail mail, be sure to send certified so you have proof it arrived in human hands.Personally, it's baffling how so many people have poor communication skills when we have so many opportunities to communicate in today's world.