I'm 45, the mother of 5 children, and grandmother to some pretty cute little humans.

It's the typical "ugliest (and smelliest) house on the street" in a really cute neighborhood.

Taft, Lucerne Valley, Santa Maria, Merced, Modesto are all viable rental markets but meet different needs for different investorsI just bought a cute house in Santa Barbara County for $30K that would rent for $650 today.

I think that it is important to have one graphic theme that people will remember and recognize me by.

You have to define what we are talking about here.Average that I see is 30% Operating and Expenses,10% property management,10% vacancy.Every building is different and has it's own set of challenges.If someone self manages they can claim lower operating expenses with no management costs.Although the landlord does use up their time and energy which should have a monetary value to it.I tell landlords when I list their property that we have to count a property management fee in the numbers.If not a majority of the buyers will not be self managing and the numbers won't make sense to them.Otherwise we will be looking to sell to a small group who self manages.It depends on the size of the building as well.Many small buildings like a duplex or quad is self managed.Most larger buildings are not but there are a few.If you go over 50 units you can easily get a 5% property management fee but vacancy can generally run higher at 15% and with 30% O and E still puts you at 50%.I do see some buildings running at 60%.It's because the owners are underwater on the loans and have not maintained the property.They keep having to do patchwork repairs to get by and have high tenant turnover with rekey and reconditioning unit expenses which drives O and E above the 30% mark.If you factor rehab and going in and making changes and charging a slightly lower rent you can decrease tenant turnover and cute repairs to bring inline with the 50% total costs.You just have to look at what you can do with the property.The 50% is only a starting point.

In addition to everything mentioned above I would get a professional thermo-graphic assessment.

Super cute but is also in rough shape.

While the graphics and pop-ups were distracting, there is a lot of excellent information compiled in one place.

I am a serial entrepreneur; I do websites, internet marketing, graphic design, and t-shirt designs.

I’ve been a Graphic Designer and photographer for a few decades, but I’ve been soul searching for the next chapter in my life.