Most turnkey guys are doing great if they're hitting an average rip of $10k-$20k.

Would appreciate any updated information if you would be willing to add to your above post.Thanks again. 

Any insights or advice would be greatly appreciated.

If you are considering working with them, I strongly advise you to double-check the provided rates and terms carefully.During my loan process, I discovered that they had added a yield spread interest without informing me. 

But to date, I've just set my rents at a rate that accounts for me having to pay the water bill - and informed the residents that each year I'll increase the rent based upon my expenses (including water), so keeping the bill down helps me to help them.But one problem this could cause is if increasing the rent to cover the water bill then places your rent above the market rate.

Great Lakes Credit Union HSBC 70%, for premier clients only Huntington 75% LTV Hurst Lending and Insurance Investment property HELOC in Texas.

Any information is appreciated!

@Bonnie Low this is great info and exactly what I was looking for.

Great reason for not pulling deductions forward.I have been retired from a W2 job for some time and my income is at an all time high and will just keep going up with more RE investments. 

if they are a great PM 20% is totally fair. not too high and not too low