Why mention the tenant will be responsible for appliance repair above ordinary wear-and-tear?

Thanks for the mention @Jonathan Greene!

It’s a growing city and in a great location close to Orlando, Gainesville and Jacksonville.here’s the link to the RealWealth article that was mentioned above by Chrishttps://realwealth.com/learn/best-places-to-buy-rental-property/amp/#

For consulting with a CPA.As mentioned above you can simply take monthly distributions, but what is most important is how you are set up. 

And like I said in the beginning this all works in theory but reality well give it a go and see if your going to be the next Scott and also he mentions his training so thats what he is up to sell the sizzle give one example that is real but not realistic in any kind of volume ..

prices are high, interest rates are high, there is tremendous demand for inventory, and - one thing that doesn't get mentioned enough - a record number of properties are debt free. 

Am I overbudgeting in the expense areas I mention above?

The other areas you mentioned are too high for this particular need

Brian also mentioned, him and Ron were renovating houses on a large scale and had been building a foundation for massive traction in the workforce and affordable housing market in the Mid Atlantic (my friend Brian is an active real estate investor and GSP’s lead project/property manager).

I will continue looking into the areas you mentioned and appreciate your insights.