For example, if this $1,000 was spent on appliances, you can deduct it as maintenance which hurts your lending profile, or you can deduct it via bonus depreciation that does not affect lending.

The additional amount in yr 1 was to help decrease the initial downpayment-Tenant responsible for all maintenance (but I did purchase them a home warranty to use)

Location, timing, good due diligence, and good maintenance all aid in success 

Close to an up and coming area of town; new build with ultra low maintenance, desirable new finishes for renters How did you find this deal and how did you negotiate it?

If you don’t have any experience with construction, home maintenance, or people management, you’re going to be at huge risk on remote projects.

So yes, maintenance costs can be higher.Happy to answer any other questions you may have.

You only need a place to track tenant information, payment history, maintenance, etc.

Contact the CS Outsource answering service team 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.

Maintenance tickets are easily created by tenants.Lots of other tools too. 

I feel like if we buy a multiplex, it becomes too risky with a lot of maintenance and possible vacancies.