I develop valuable skills in tenant relations, maintenance, and repairs that can be applied to future investments.5.

It will become pretty obvious to them when they see you making repairs, cleaning the place up, etc.

The breakers kept tripping that's main reason why I upgraded the electrical box and a lot of diy handyman special upgrades and repairs throughout the years in this house.

Purchase price: $116,000 Cash invested: $27,000 Sale price: $187,500 Replaced kitchen, updated bathroom, drywall repairs, paint and flooring.

I'm wondering how folks estimate CapEx, maintenance/repairs, and turnover costs?

(c) The purchaser, from the time of sale until redemption, is entitled to enter the property during reasonable hours to repair and maintain the premises and is entitled to an order restraining waste on the property from the court.

Maintenance, repairs and turnover eat up the slim cash flow and then some.

The only reason this would happen is if the loan to value (LTV) was way too high or if the funds were given to repair the property and not given out in draws based upon completion of work.  

It hols on 80.I told the tenant not to lower it that low, becausing doing so will over heat it and cause it o malfunction.if the AC goes out due to them not listening will they be responsible for repairs?

Beyond the capex/repairs/vacancy line item not existing I saw a couple other red flags in your numbers you may consider correcting in the future.Insurance seems extremely low at $25/month.