Often, units that are sitting on grade will see deterioration of the cooling fins, due to animal urine or other contaminants, and physical damage, both of which affect performance.

Hi Nazimuddin,It’s frustrating when rising property taxes and insurance eat into cash flow, but there are several strategies you can consider to help boost your profitability.

It is hard to justify an expense that would eat up all of a majority of your cash-flow.An investor doesn't necessarily need 'any' professional but it really depends on your knowledge/amount of time you have.For example, technically, most people may not need a painter as the tools are available to them in Home Depot or most stores.

These quickly eat up profits and adjust the risk profile of deals. 

Agent can't waive it, they can eat the cost but as an agent I would not. 

Even if you buy it at appraised value EVERY single investor that buys at market value is under water day one if they have to sell.. transaction costs will eat into the market value..

@Stepan Fedetskiy section 8 can be good option if you have a good PM who maintains the property in good shape all the time as per the needed standards. best part is govt pays a portion of the rents so you dont have to chase tenants, downside the upkeep of the unit will eat up appx 20%. so its little tricky..sounds good on paper but when you go through one you will get an idea. i had 4-5 section 8's , 3 of them had no issues, but 1 of them had lot of issues and ate up all the profits.  

In a blue state I would probably eat the $600, but no way I would renew them at the end of their lease.

✔ Pain in your 'side'✔ Rude✔ Entitled✔ Unpermitted animals✔ Pays late✔ Doesn't pay late fees✔ Turns off security cameras✔ Refuses to abide by contract even after asking for extensionAnd you're considering extending their lease another 3 years after all the above.

High upfront costs and interest rates from lenders can quickly eat into profits, and funding delays can slow down projects.