ETFs and other index funds divide those ups and downs  across hundreds - if not more stocks to protect you from that volatility.  

We use a YTDpaystub and last year’s W-2(s) to calculate income several different ways:Hourly or salary income calculated to a monthly amountYTD income divided by number of YTD monthsYTD + W-2(s) income divided by the corresponding number of monthsIf these numbers vary too much, then we investigate and require an acceptable Letter of Explanation.Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment to make surethey’ll always be able to pay the rent on time.

This can be found by dividing current rents by the sqft of the property (my market is $1.25 sqft). 

I was primarily interested in pooling resources with other rental property owners to take advantage of economies of scale and divide the cost proportionately among property owners. 

What are some of the tools and tips you guys use to divide a market and see which sub markets have which kinds of property classes? 

I just want to know if there is an industry standard or convention in this situation for how these things are divided up between the PMC and on-site management.

Hello Mary, without knowing much more you could structure a simple partnership or hold this property in an LLC which can be divided up as you see fit.

Can anyone point me towards an online calculator that will show how much sooner we would pay off our mortgage if we divided our monthly repayment amount by two and paid that amount (half of a monthly amount) every two weeks, instead of paying the monthly amount once a month?

**Maintenance and Repairs**: How should responsibilities for maintenance and repairs be divided between landlord and tenant for medium-term stays?

It allows for passive investment and can be easily divided among beneficiaries after your parents pass away, helping to avoid disputes during asset distribution.This strategy helps manage long-term care costs and simplifies estate planning, ensuring a smoother transition for beneficiaries.