Once you truly calculate real estate taxes (roughly $2,200 annually per $100,000 of value) and then add on cap ex and maintenance, it is very difficult to cash flow SF, duplex or even fourplex financed properties in Austin.

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@Dusty Laurin I'll add one piece of color to this discussion even though you've got a lot of comments on this. 

You can have additional riders to insurance policies that are add on's if allowed.Absolute NNN typically covers roof, structures, parking lot, taxes, maintenance to the property, insurance, property taxes, etc.NNN it varies by location, property type, tenant type and lease structure.

If you don't already, you need to set up a separate email for all your real estate investment stuff.Gmail is awesome, it's an all in one CRM basically (Even though I use zoho... or am learning to properly use one lol) Now you can even download a note add on the sticks to the top of each different thread, and you can see a highlight of it from the main inbox screen.When negotiating deals, you're going to probably piss some people off and/or just get ignored by some people.

Then, you add on your profit to that amount, and sign the assignment agreement with a cash buyer/investor for that agreed upon amount.

Not sure what to add on the benefit end.

That’s value add on the cheap and easy.    

@Will Foster  be creative with your master add on - I am assuming it will have a bath - try to design in a kitchenette too.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.