I am playing with the numbers to see if Pittsburgh is a market we want to invest in.When analyzing the property, how much do you allocate for repairs/maintenance costs for older buildings in Pittsburgh?

Do you allocate some certain amount from all your properties into a single account for CAPEX?

Numbers below are $1000USDOperating Expenses:1) Repair allocation 15% of gross rent - $6002) Property Management Firm - $1503) Insurance - $97Monthly NOI - $3153Annual NOI - $37836Financing:1) Bank Note - $1763Cash Flow:Free Cash Flow Before Tax Monthly - $1390Free Cash Flow Before Tax Annual - $16690ROI:Cash on Cash Return - 122.51%Cap Rate - 9.73%GCM - 7.82I feel like these numbers are a little nebulous because the unit sits unoccupied as a result of the rehab.

They have argued that different groups allocate a greater proportion of their income to accommodation costs.

It may add to your management cost but depending on your management agreement you could allocate this expense back to your clients on a per unit basis.  

What other creative was are there to allocate funds from the seller without reducing the purchase price?

You can pick some 'bond tent' funds that will allocate roughly 80% bonds / 20% stocks.

This money I specifically allocate to different personal funds....emergency fund, Pool fund, Porsche fund, vacation fund, ect...I then buy a rental property for 100,000. 

With the latter you could get the owners lumping in company cars, generators, major repairs or anything else they bought.At the end of the day deprecation is a non-cash charge that is used under GAAP to allocate costs over the life of an asset; it reduces taxable income, but not cash.

By flipping I mean fix and flip not wholesaleing.The 240k is the cash i've currently got in hand and willing to allocate to my next RE investment/s.