This probably means the 1st year you are on the phone 8 hours a day 5 days a week calling people and trying to convince them to sell.  

If it’s a 1910 mansion you obviously need a boatload more to pay for maintenance/repairs than a 2025 condo.

Would have bought one higher quality asset (Class A or B) in Indianapolis metro area and not two Class C homes "cash flow on paper" which in reality I'm negative most months (sold one home to cut my losses) - constant repairs called in by tenant.

.- Requests for repairs at inconvenient times.- Navigating tricky landlord-tenant relationships when you live on the same property.While some people thrive in this environment, others find it difficult to balance personal space with their role as a landlord.### 3.

FHA usually is a lot more stringent when it comes to repairs needed and the seller has to make these remedies or the buyer won't qualify for financing.

Most things in relation to the rental are deductible - Mortgage Interest, Taxes, Insurance, Repairs, etcIf you are unsure of what is deductible, you may want to consider working with an accountant.

@Joe MichaelsI believe the new cap ex starts a 27.5 year clock at the time of repairs.

It needs new appliances and some minor repairs.

All I did was send proof of the damage and repair bill.

No maintenance as Buyer does all repairs.