Low inventory and pent up demand are keeping prices higher (and still rising), even in a higher than previous (but historically average) interest rate environment. 

Average vacancy term on a renovation project: 3-6 mos. unless severely damaged (i.e. fire).

If I had to guess, I would say maybe we have 1-2 contacts with a tenant in a given year… on average… meaning for 4 tenants… you might have 8-10 interactions in a year for a ballpark “amount of effort it takes”.  

Southlake, TexasStandard price: $832,493Rate of Occupancy: 71%Average per-day rate: $250Average percentage of returns: 4.2%Average monthly income: $70556.

My one concern so far with their application, though, is their combined credit card debt, which is four times that of the average US household, and twice as high as the average for their income bracket (they also have student debt and an auto loan).

I'm a fan of the consistent, not checking which way the wind is blowing, dollar cost average investor that keeps buying every year or two.

The numbers they provided for Philly were an average purchase of 104k with a sale at 248k, with Montco at 225k purchase and 424k sale price. 

On average there are few upgrades you can do by themselves which get a positive return on investment on the selling price.

The average appreciation rate in Seattle over the last 40 years has been 5.5%.

The average cost for an Air Conditioning Refrigerant Pressure Sensor Replacement is between $270 and $288.