If I can press a property into service for under 15k a unit.. and make 650 rent the reits are not much competition to me since my administrative costs are less.

To add to the expenses that Carlos mentioned; repairs, turnover costs, reserves for capital expenditures, fines, fees, property registrations, and administrative expenses like accounting, bank account fees, LLC fees etc.

I've mentioned here before about getting with nursing home administrators, that's just one source for direct contact to very motivated note sellers.

Yes, there are administrative fees for this - but you are tapping into funds you normally wouldn't have access to.He also point out that there are taxes based on the investment.

It probably would not be a good name to use in Mechanicsburg, but a company name incorporating the Dutch 'huur' or 'huren' might work in some parts of Pennsylvania.Once an administrative assistant at my Realtor's office misread my his handwriting and thought the company name was "Lover Lover" ... she was then a little curious about what kind of houses we were renting ;)

You'll notice that debt started to massively accumulate in 1981, during the Presidency of the biggest supply-side administration in history (Reagan is the Conservative's fiscal idol, and while I think he was an awesome President for other reasons, it's clear that his administration kicked-off the current debt problem).

Sometimes it cannot be avoided, especially if there are structural or administrative issues that need tending to.

., and relocate our ground-equipment maintenance group from the hub to the airport’s Administration Building and Airfield Maintenance Building.

@Chris DeSisto it is a little different depending on if you work for an insured depository regulated by OCC, OTS, FDIC, FRB and NCUA or the Farm Credit Administration.  

Think of your savings on "normal wear and tear expenses" if you have a tenant that stays longer than the life expectancy of your carpet and paint.On top of that, you have administrative expenses and a few days vacancy on every turn to factor in.Get them in there at market and raise rents during renewal.I wouldn't scrap the appliances until they die, but it's amazing to me that landlord's never seem to see the long term ROI on making their units energy efficient when there is absolutely an upside.