Like Michael said, I would use a cleaner once a month to clean or biweekly, restock the common area items (like TP, dish soap, etc), and sign up for routine lawn and snow services.

@Neera Melwani Additional insured is typically  the process by which a vendor who performs services adds you to their insurance policy.

Unsuspecting users may want to then use your services based on a false premise.2.

To deduct expenses, you should document the damage with photos (before and after cleaning) and keep receipts for any cleaning services or products you purchase.

It has separately metered electric service. 

@David Tran....Sorry to hear.....I question the costs of the services these business charge that are affiliated with the program (approved contractors).

You will quickly learn about footings, water service replacement, electrical load calculations, and a bunch of things you don't know about. 

Impressive Rent-to-Price Ratios: Average rents for 3-bed homes are about $800-$900/month, potentially yielding 12-15% gross returns.Economic Transition: While historically industrial, Bay City is diversifying into healthcare, education, and service sectors.Revitalization Efforts: Downtown redevelopment and community initiatives are breathing new life into the city.Strong Cash Flow Potential: Low property taxes and insurance costs contribute to robust monthly cash flows.Let's crunch some numbers on a hypothetical deal:Purchase Price: $75,000Down Payment (20%): $15,000Mortgage (4.5% interest, 30-year fixed): $304/monthProperty Tax: $100/monthInsurance: $60/monthEstimated Repairs/CapEx: $100/monthProperty Management (10%): $85/monthTotal Monthly Expenses: $649Potential Rent: $850/monthEstimated Monthly Cash Flow: $201Cash-on-Cash Return: About 16.08% (not including appreciation or tax benefits)These are rough estimates, and individual properties will vary.

Focuses on the ability to service debt, making it a key factor in financing decisions.

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