Thirdly, a 20% of gross rents factor for maintenance and vacancy is only accurate if 1) the property is FULLY stablized (new roof, new furnace, new windows, and so on)--and most of the TKRs I've seen do NOT meet this standard by a long shot, 2) if the property is VERY aggressively managed--heavy screening, prompt eviction, quick re-rent--a practice not common amongst most property managers, and 3) aggressive maintenance is done to maintain the capital repair items (changing furnace filters bi-monthly, cleaning gutters in the fall to avoid failure, maintaining metal roofs, cutting back trees to avoid roof damage, etc--again, uncommon amongst property managers).

My numbers met all the guidelines.

I'm sure only 10% of that cost is the metal, the other is the labor.

I have actually seen them in news print stored in metal warehouses.Formotion temites do not return to the ground for water.

My HVAC quote was about 3k for new A coil/heat pump/condenser installed.

They both said I met all the criteria but Fannie's system rejected the app both times.

I think precious metals are very risky.

I believe you can even get precious metals though your 401(k).

It's probably the other way around -- $1000-1500 for furnace and $2000-4000 for A/C compressor and coil.

You see 3+ billion Asians like land and precious metals and they are beginning to buy.