On most months you will cash flow nicely but in the long run you will notice a lot of your cash flow getting eaten up by things like vacancy and capital expenditures.

Tenants don't prioritize keeping your property in good "health".I would evaluate where you stand in regards to large cap-ex expenditures and then you hold 1-3 years if you think the roof, AC etc will hold up.

We are aiming to finish her residency in 2020 with no student debt and a $3M portfolio, and then the real fun will begin.Aside from ungodly food expenditures, we are some of the most frugal people you'll ever meet.

When analyzing a property you want to be able to see where you can either increase your income and/or cut expenditures to boost your bottom line.

I’m not sure about delayed maintenance/ capital expenditures that will be needed.

You can still find deals in which you over pay for a property but your market cap is still 8% or higher even with expenditures on the inflated side.

This should be covered by accounting for capex (capital expenditures) which include the new roof, furnace, etc that you will need every X number of years to extend the useful life of the structure.

I would try to negotiate some money being put in by the tenant and then raise the rent on both the old and new space which would include the expenditure made by the landlord repaid after 5 years.

If I am flipping a house, are the repairs I am making (carpet, paint, flooring, tile, countertops, etc.) classified as capital improvements or maintenance and repair? Where is the line and how do I determine that line?

I'm curious if there are any HOA fees  and you also did not include any capital expenditures .