We have literally thousands and thousands of jobs being created right now between different developments, new cash heavy businesses that will bring more investors, not to mention all the investors that have been flocking here ever since Covid.

Quote from @Robert Bishop: Quote from @Caleb Brown: I would still focus heavy on stocks/index funds.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I also cover the yard maintenance so it always looks nice.

They are even working on getting me the evicted tenant's security deposit, the missing JANUARY rent since the place is still empty, and covering the cost of my own manager re-listing the property.

Do you raise for your reserves and capex, or do you hope your cash flow will cover it? 

My business partner and I financed the deal for 1272 Lakins Rd entirely with cash, covering both the purchase and all renovation costs.

I got more than enough up front as the non-refundable Option fee to cover all expenses and rents and to get a judgment against the Optionee.

Prior to inspection I replaced one outlet cover.

(we charge the same Processing Fee as depositing to our bank)4) Pay online using their tenant portal (we absorb the small fee, to encourage this behavior as the internal resources saved more than cover that fee)We understand we have scales of efficiency a DIY landlord won't.