My investment strategy focuses on long-term, low-maintenance SFRs in high-demand areas, aiming for cash flow rates above 7%.The market dynamics can vary significantly from state to state, and even from block to block within a city.

And if that is just with PITI, you are likely losing money after maintenance & Capex.  

If you have a BAD tenant experience on this property as a rental and lose several months of rent and incur substantial tenant damage that is all coming out of pocket whereas if you had even a handful of rentals the performing rentals and the monies budgeted for capex/maintenance/vacancy will carry that sort of loss.

We have a multi family rental unit which uses oil for home/water heating.Our tenants are responsible for purchasing their own heating oil.We are trying to figure out a way to determine when/if our tenant is running out of fuel.Our maintenance person has communicated that one unit has repeatedly run out of fuel, creating an increase service cost on their boiler.I know there are WiFi options to meter usage.

Instead of having my cleaning and maintenance crew change the door code each week, I'd like to be able to do it myself remotely.  

DSCR just has higher rates and if you overestimate the rents and underestimate the repairs or maintenance, the deal goes south quickly.

Do you have expensive maintenance on the horizon? 

Instead of the cash flow you see on paper, you’re looking at high vacancy, high maintenance and no cash flow.

We have had the same tenants since we leased it in 2022 and fortunately they have been great- minimal maintenance requests, very easy to communicate with, and pay on time.We have a 30 year fixed mortgage on the property at 2.875%, the property cash flows about $1,200/month, and there is roughly $200,000 in equity in the property.

I am a local vendor in the TX: Primary areas SA and AUS I am offering my services as a GC (Maintenance, make ready’s and turnovers) vast experience with property management companies.