As an example I was looking at a multi unit, smaller building and within 90 seconds of viewing the proforma I saw the maintenance/repair figures were "low".

We usually redo the concrete walks or steps if they are old, graying and in need of repair.

The most important thing for you to learn as a wholesaler is repair costs.

Given that and some other characteristics, from what I'm told it would be in demand as far as rental applicants.Ideally, I would like the option to return to it.With repair estimate of 1% of purchase price and property management fees, it's pretty much a break even on the monthly overhead.

(you gotta get the wife on board first😁)I probably won’t do an OOS BRRRR yet but maybe something that the repairs are not as extensive if I can find a deal with working numbers.Tanks for the response. 

those 3000 jobs would get coffee and need dry cleaners and cars repaired etc. 

Our current manager is in Huntsville and it is becoming clear that we need someone more local to Cullman who can be on top of showing our listings and taking charge of maintenance and repairs as needs arise. 

Got into the home with a low down payment , made repairs, rented and refinanced to pay off line and eliminate the PMI.

The $100-$300/month amount is just a generalization - but the point is, on a monthly basis you don't see a huge income per property - and you also have to absorb repair expenses and such as well.   

Repairs: Add a pool ($77.7K).