The woman reached out when she received the check and said that she could not even find or get ahold of the ex boyfriend (I had also been contacted by the police who were looking for the guy so I was inclined to believe her).

It's odd they have washer dryer hook ups but no central air.I think your price is reasonable, especially with the cap ex you're going to have to do.I don't know about owner/occupied status.

I can run the numbers for NOI-depreciation and this holds true, but not all of the operating expenses are deductible (or at least maintenance, vacancy and cap ex aren’t until that money is spent).

Additionally, maintenance/cap ex expenses are high due to age.

Especially for me as I am considering student rentals for my next purchase.As someone who obviously has a lot of experience, maybe you can help me with estimating expenses on student rentals.How do you estimate vacancy and repairs/maintenance/cap ex differently for student rentals?

(ex title transactions, inspections, earnest money, etc). 4.

View report*This link comes directly from our calculators, based on information input by the member who posted.Don't know the age of the property but due to what you stated the price point I am going to guess it is a bit older. 5% for repairs and cap ex maybe low in that case.

However in many of these lower cost markets, cap ex can't be absorbed and one cap ex event is equal to 2-3 years of cash flow.

Even the slightest cap ex hit is devastating.

Let's keep this as simple as possible....Ex 1: 3 single-family rentals, value $300-400 each.