The Net Sale Price is calculated by taking the Gross Sale Price and subtracting ONLY your routine selling expenses such as broker's commission, escrow fees, closing attorney fees, title insurance fees for sellers/owners policies, recording fees, exchange fees, etc.

I routinely laughed at five-year projections.My question is this: when you use the BP rental calculator, how much stock do you put into the longer-term numbers that the calculator generates?

The Net Sale Price is computed by taking your Gross Sale Price (I assume that is your $173,000) and subtracting your routine selling expenses such as real estate agents commission, title insurance charges, escrow or attorney closing fees, documentary transfer taxes, exchange fees, recording fees, etc.In your example, your Net Sale Price would likely be about $165,000.

But you must be able to quote the new law and prove this unpaid bill was the tenant's and not the owners.Even though the city is no longer ALLOWED to do it, they still routinely try and will lie straight into your face until you produce the law.

At first it may seem overwhelming but you'll quickly develop a routine to handle inquires, refunds, schedules, etc...If you start your own website and marketing campaign (highly recommended), the process becomes much more time consuming.

But, the effect of this Qualified Immunity is that SOME police officers routinely operate outside of what most people would consider reasonable assumption of risk.

I would only consider hiring out once you have enough units that routinely need something. 

Defiantly do the routine screening of the students in addition to the full screening of co-signer including the full credit /background check.Based on the description of the tenant issues you had and the fact that they were students I would suggest that you did not fulfill your responsibilities as a landlord.

Make sure the tenants know you will be checking on the property routinely. 

Do you send inspections to banks routinely as a requirement?