That is your denonimator.You also take the cash flow you get from rent minus all your expenses, so at end of day how much $ is in your bank account for the entire year.

Set up a contracts account at both Lowes and HD. 

This absolutely sucks, they should be held accountable.

Sometimes there are accounting errors, like duplicated charges, so it’s worth investigating.

Naturally, they are your competition and the daily rates need to be taken into account.

Biggest challenge was the two end buildings were added to the historical registry so I had to obtain historical commission approvals.

here is what Showmojo shows in their market research and I would say our local numbers show this out as well. hopefully the 2024 line takes a dive down but historically that is very unlikely.

Now that we are 10 days from closing, I am talking to loan officer to get the Closing Disclosure so that I can know the exact cash to close (I need to move money from brokerage to bank account) and he is mentioning about 2% IPC limit. 

Everyone that has more than 1 or 2 properties should have some kind of basic spreadsheet that demonstrates how much that property is bringing in after all your fixed costs are accounted for, at a minimum - PITI, lawn care, HOA fees, etc.

And then maybe I wouldn't even worry about the annual fee after a lifetime charge, but to shut down my account without any explanation.