If the property has deferred maintenance and is not up to standards to be rented out, you won't be able to finance this on a DSCR loan.

Would it be a beneficial/does it make sense to run the "business" transactions through the LLC (collecting rent, maintenance/repairs, etc)?

Consider the additional costs for cleaning and maintenance with Airbnb.

Lots of maintenance and cleaning.

One year also helps you maintain a schedule for inspections, rent increases, preventative maintenance, etc.If your lease doesn't have an early termination penalty, then the only thing you can do is start marketing and find a replacement tenant.

Any other monthly maintenance fees assessed?

Hi Kevin,I think you can find much better numbers than this in Toledo.Plus, you have to include calculations for maintenance, vacancy also.If you don't think anything will go wrong, it will.It's real estate and real estate is a rollercoaster.Granted, I'm local and pick up the best of the best deals due to doing it for over 10 years.I closed on a 6 unit 2 months ago.A class area IMO.$160,000 purchase price.Rehab around $80,000 (More than I budgeted).Optimized rents between $4,000 - $4,500.ARV is $350,000+The deals are out there and don't rush in.All good things take time.Much success

- How do you currently handle tasks like maintenance requests, rent collection, and tenant communications?

Hey all,What numbers do you use when projecting repairs and maintenance costs for apartment buildings?

@Matthew Welk Happy to make an intro to the answering service team at CS Outsource that does our late-night support.They help with 24/7 emergency support, overnight coverage, troubleshooting issues, dispatching approved vendors & local staff, tracking and managing maintenance work orders, and other back-office tasks.