There are rules to follow!

Again, I believe this would hold true in most urban type markets.Let me know if that helps answer your question or if you have any follow-up questions to this.

He gave me the following fee schedule.

How can a person/company do the following in 5 hours.Drive to the property.Inspect the property.Create scope of work.Send scope of work to owner for approval.Get approval for scope of work.Drive to store / supply house #1 for materials.Shop for and purchase materials at sore / supply house #1. 

The calculation uses the following formula: Total Rent Potential x 75% ≥ PITI (plus HOA if any). 

Inflation will push up rents over time, so at some point you will be cash flow positive.

I am foreseeing a bit of a push back or even turned-off potentially decent tenants by the $50/pp screening fee, mostly for a family of 4 ($200 out of pocket).I was wondering if offering a credit of either 50% or the full 100% of the screening costs from the first or second month's rent is a good idea.Thought?

I have been following the Real Estate Investing industry for a while and just recently decided to put my focus into it and implement a plan I had in mind for years.So I went down to Puerto Vallarta I put together a team of local realtors, brokers, contractors, property managers and a lawyer. 

This allows us to participate in both pushing rents while also limiting vacancy exposure.

It's up to you if you're client will take these consolidated articles at face value or if they need an in-depth analysis then you'll have to go with subscriptions.Another recommendation I got is to follow authors from the main news publication sites that publish real estate market trends.