There are some great accountants here on the forums who specialize in real estate and work with investors across the country.You might want to reach out to @Linda Weygant who is a CPA and was also a guest on the BP podcast.

@Linda S.

Please help.Thank you,Linda Hawkins CPSCEO and 501C3 FounderHaven Manor Inc.

Linda D. mentioned, I'd tell him the rent is going up if we renew and if he doesn't want to stay no problem, at least turnover will be faster with the bathroom already renovated, leaving just painting and cleaning the carpet to make the unit rent ready.

@Cody Harmon, @Carter Crowley is spot-on.

@Linda D. the $100/door figure that investors use includes those $350 service calls...it's after all vacancy, expenses, cap ex reserves, etc.

Based upon Linda's response, you better pack your bags and move back to New York.

@Linda Weygant maybe you can answer Stephen's last question, "What else should I be asking that I have not thought of yet?"

Hello Everyone, My name is Nina Carter.

maybe  @Linda Weygant  knows or someone with experience.