That's better than a recurring cost and if you have your own hosting as mentioned by several people in this thread you'll also have your own IP address, which is better than a platform where everyone has the same IP.

I use it almost exclusively for groceries, gas, and recurring monthly bills.  

There are recurring themes and then the things you never thought of ...   

But try to fill in the following:- Taxes- Insurance- Utilities- Maintenance- Contract Services- Recurring CAPEX- Payroll (if there are people on staff at the apartment)- Advertising- General Admin (again if you have a leasing office at the apartment)- Management FeeIt's tougher for houses, because so much of it depends on whether or not you have a turnover, but I still try to use an estimate of expenses instead of a percentage of income.

It could be me, but it seems like a recurring theme.

This is just one of those constantly recurring topics where we all continually throw our two cents in, that's what makes the site entertaining and informative.

The insurance info I shared about ACV policies is the only recurring expense that I have experience with that is relevant to active landlords.

Trust your underwriting not the marketing book because they may only factor in “annual operating” expenses and oftentimes don’t include misc. costs, reserves, management, maintenance, turnover, leasing... shouldn’t include cap-ex but you should take into consideration required improvements that are non-recurring and address up front IMO.

Large or recurring expenses obviously can eliminate the positive cash flow.

Renovations can recur more often than multi-families & are capital intensive.