Use them as guides in decision making not hard and fat rules.

If your properties under management are generating steady income for you close to or even exceeding your initial expectation, yet you scan the work orders and find more fat that can be trimmed which would yield even more profit.

It was under market, ran all the numbers and even made expenses fat.

I made a  fat commission on that, one of my first deals.Never pre-suppose a buyer/lead.Thanks for listening.

A nice fat margin can get very thin, very quickly if anything goes sideways. 

Ive got one...i am paying my mortgage every month...anyone else financed via sub prime? I am supposing that many here do...due to self employment, etc...

Probably Iowa area as a preference, as they don't block muni networks, so really small cities there can build out fat pipes to the internet to attract telecommuters that need lots of bandwidth, but want small town population density, and short drive to 3 larger cities if you want to still have the occasional city experiences.

My concern is that real estate makes a big fat target for increased taxes in the future.A raise in capital gains taxes will hurt the 'appreciation' folks.

You probably also have an opportunity to trim some fat on your PM fees if you still want to outsource the management because that's heavy.

Am I being fed a big fat bologna sandwich or is it actually possible that they don’t keep those records?