A more typical rule of thumb is to budget 10%–15% of gross rental income for maintenance and repairs over the long term, depending on the property’s age, class, and location.

If the person views the successful individual as someone at a lower station, from any metric, age, profession, education, ect the effect is magnified which drives them to seek increase their own success. 3.

Since I am married and have school age kids, I place a real premium on minimizing my management time. 

Our prospective numbers point to increasing profits as the deal ages with an eventual infinite ROI once the initial investment is paid off.

Plumbing is historically one of the most difficult things to fight since age and the structure matter so much and it is nearly impossible to pinpoint one issue that caused the damage. 

As for other ongoing expenses that will really vary by property age and condition.

Sounds like you came into this around the same age that I am just getting started.

I also wish I had started thinking about REI at your age.

This is different than being a certificate holder & the distinction between certificate holder and additional insured is significant3.

Mainly I’m trying to avoid “aged poorly design” glassblock walls, small bedrooms, older windows (wood/aluminum, single pane), aluminum patio covers, and to a lesser extent landscaping.