The gross sales price less your routine closing costs (such as broker's commission, title insurance, closing agent fee, exchange fee, recording costs, etc.) equals your net sales price.

Place routine telephone calls on late rent payments;17.

Two - (this is the escrow part) the HOA is in charge of regular maintenance of the exterior and "routine" painting of the exterior as it even says in their own rule book.

Is it something lenders routinely do?

I have at least five direct coworkers (people I work with routinely, my boss for one) that also own rentals.

Great "deals" are made routinely by investors and motivated sellers in every area of the country weekly or daily.

Out of that $540 you're paying:TaxesInsuranceUtilities (at least when vacant)Legal costsCPA costs (or, higher taxes if you try to DIY your taxes)Vacancy (even if just for a week or two during turnovers)Routine maintenance (inevitable, stuff really does break)Make ready costsTenant damage in excess of security depositsCapitalThe 50% number is well supported by large data sets.

I am in the same situation and am done with the paycheck to paycheck routine and trying to figure out how to pay down CCs.

My personality type requires me to be doing a lot of different things and I am not good at routines.

MSR's are routinely sold when mortgages are pooled and sold as securities.