You can also split the difference by looking at the historic energy usage for the property and setting that as a utility 'cap.'

I know there's a reason so can you share why you set the threshold higher for number of 5-star reviews on AirBnb vs.

Since my current strategy is BRRRR, I'm looking for a location where I can implement it successfully within my budget.I’d prefer to target the best neighborhoods or subdivisions I can afford, ideally with favorable eviction laws and other key factors.That said, I started wondering if there might be a better strategy to achieve my goals.

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

While I have a general understanding of what it takes to set up a fund, I’d love to tap into the collective wisdom here.

I believe Noah set you up right on that post!

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Quote from @Beth Johnson: @Marina Wong No. we just charge the servicing set-up fee at close.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

@Mario Morales - Personally, I would do some research in your target market and search (even it on zillow) for 2-4 family properties and see what agent(s) seem to transact the most in that space.