., laundry facilities, pet fees).Fixed Expenses: Include mortgage payments, property taxes, insurance, and property management fees.Variable Expenses: Include repairs, maintenance, utilities, and any unexpected costs.Capital Expenditures: Set aside a portion for future big-ticket items (e.g., roof replacement, appliance upgrades) as a reserve.3.

@Lucas Miller I'm sure he is, but that's giving him a ticket to find his biggest fanboy or fangirl and having me talk with them. :)I'm looking for the unsolicited opinion of someone Lane himself wouldn't call on for their experiences (I'm big on listening and chatting with folks), just to get a sense of what deals they've gotten involved in and how they've gone so far.

My equity in the property is 80%.The property is in north east, San Antonio, its a 5B, 2.5 bath, 2784 sqft, Lot 6969 sqft  15 minutes from downtown and 5 minutes from the Airforce training base .

Elgin is a great rental property market, but the city does require inspections every 2 years, and you do have to take a landlord class.If you can househack a 3-4 unit building out in your area, that will be a golden ticket to get started. 

They're doing this because you've trained them to believe it's ok to do so.Or, if they're great tenants otherwise, they might just be paying you as they get paid (bi-monthly). 

Several thousand dollars of training is insignificant relative to the profit it has brought us.

For instance, I suspect vacancy might be a little higher based on the train tracks running directly behind the condo.

These are professionals with additional training and a stricter code of ethics.

If they start asking for money for more mentoring and training to the tune of $5000-$25,000 or more, run.

Think of a person that faithfully buys a lottery ticket every week.