If your portfolio is large enough, 5% is better.Now, some people believe that this diversification reduces the chances for a large gain.  

They often provide standardized lease agreements that comply with state and local laws.Additionally, many landlords use platforms like Avail, Zillow Rental Manager, or TurboTenant, which often include customizable lease templates that are state-specific.

In some areas, purchase prices and value add opportunities align well with BRRRR, while in others the margins might be tighter.NOI plaus a big role in success, esepically with MF, so increasing rents and reducing expenses are key.

That way, there is some type of cushion to help against any high usage months, should they just happen to use more than your previous tenants did, or if you unfortunately get tenants who abuse the "utilities included" opportunity. 

The cheat sheet/example greatly reduced time.

After closing, work on increasing your income, reducing debt, and preparing for a second mortgage.

What the gurus don't tell you is that they are comparing market rents to the GROSS amount of S8 rent on a voucher which INCLUDES LANDORD PAID UTILITIES!

My strategy (at the time) was to aggressively pay down my mortgage, and the recast allowed me to reduce the monthly committed amount.

To get started with fix and flips, first define your criteria, including location, property type, and budget.

Assume break even cash flow while rented which includes a generous $600/mo repair fund.