Personally I like keeping my properties that I know are successful and have low maintenance.

Blocks away from Seton University, one with 11 bedrooms and 4 baths and the other with 14 bedrooms and 4 baths.Both show signs of deferred maintenance but one more so than the other. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

I use 10% for maintenance & cap ex, 8% for vacancy (but not on STR because the estimate from Airdna includes vacancy), 10% for management.

But my impression is that many landlords skip this, I was in fact asked point blank by maintenance management during the repairs process why I opened up this proverbial “can of worms.” 

I believe they are expressing their displeasure with the fact that I have not accommodated some of their recent requests that went far beyond the scope of what is required (like insisting a licensed electrician switch out a smoke detector when we could do it ourselves) and I had to set some boundaries after years of high maintenance for them.

4 houses: value $6.5MEquity: $2.8Mpositive cash flow after debt, maintenance, taxes: $2000/modo I have additional capital to add?

Do I have skills to add value so instead of getting 15% on deals, I can get 18% (self-maintenance, self-management, rehab). 

Repairs and maintenance could be expensed.

Or if you want to swap higher returns for lower maintenance you can look in to FIG (fourplex investment group_.