They provide the same old garbage about being a "service" to sellers.

Property taxes, insurance, vacancy, maintenance/repairs (10-15%), replacement reserve (5-8%), utilities (gas, electric, water, garbage), advertising, management, accounting, city licensing fees, etc. 

This "wholesaling" garbage has gone nuts and there are more uninformed people believing they will make a ton of money.

I would love to see our laws changed to put an end to this garbage.

Zillow, for example, has a garbage zestimate but at least gets you into a ball park.

That's what's great about SFH's, they're responsible for all utilities, and like my current duplex, taxes cover garbage, so there are very little expenses.

It just insulates me from any of the garbage, and I can build better relationships with the tenants.

I've included it below for your reviewParameters: Federal Tax Rate 33% Vacancy Loss Rate 10% Repair Witholding 15% Down Payment $ 13,615.00 Asking Price $ 389,000.00 Amount Financed $ 375,385.00 Monthly Bank Note $ 1,763.00 Annual Property Tax $ 3,696.00 Home Owners Insurance $ 1,164.00 Annual Property Management Fee $ 3,540.00 Estimated Interest Expense $ 14,400.00 Monthly Water/Sewer/Garbage $ 100.00 Asking Rent $ 1,000.00 Output: Occupancy Rental Income $4,000.00 Gross Rent - Annual $48,000.00 Expenses Total Vacancy Loss - Monthly $ 400.00 Repair Holdings - Monthly $600.00 Management Fee - Monthly $295.00 Property Insurance - Monthly $ 97.00 Utilities - Monthly $360.00 Total Monthly Operating Expense (Sum of Expenses) $1,352.00 Total Annual Operating Expense $16,224.00 Net Operating Income - Monthly (Gross Rent - Sum of Expenses - Vacancy $2,248.00 Net Operating Income - Yearly $26,976.00 FINANCING & OTHER EXPENSES Bank Note - Monthly $ 1,763.00 Cap Expenditures   Total Financing Expenses - Monthly $ 1,763.00 Total Financing Expenses - Annual $ 21,156.00 Free Cash Flow Before Tax - Monthly $485.00 Free Cash Flow Before Tax - Annual $5,820.00 TAXES Depreciation $14,145.45 Property Tax $308.00 Mortgage Interest Deductions $ 14,400.00 Taxble Income -$1,877.45 Tax Liability (Savings) -$619.56 Free Cash Flow After Tax - Annual $6,439.56 ROI C/C Return 42.75% Cap Rate 6.93% Desired Cap Rate 10.00% Gross Rent Multplier 7.82 Valuation Valuation

What about garbage and sewer costs?  

You will have more traffic on your front door plus more garbage.