I also own 4 properties that are over 100 years old and bet they last longer than all the vinyl village garbage going up now.

Then from that you take away the10% for property management $290 plus garbage , water and maintenance another $300 ....

They have roaches and the place is strewn with clothing/garbage.

Garbage Disposal for instance would go unfixed.

Unfortunately, there are lots of FRAUDS AND SCAMMERS rampant on BP promoting this very garbage.

Stable means that a tenant is in there and things are going smooth.If you buy in not the garbage area or blocks I think it transcends a negative population.

Normal tenant issues: slow toilet, broken garbage disposal, broken electrical outlet, tile repair, etc. 

Get copies of water, elect, and gas bills, if owner pays, Make sure you include, Taxes, INS, PM,  10 % for V/M, water, gas  if owner pays,  ,garbage, snow,/ grass, common electric, , keep it simple, do not over analyze,   good luck 

Monthly rents: APT 1 $900 & apt 2 @1095.Total rent 1995-30 garbage-25 water-100 insurance -120 repairs/ maintain-100 vac-970 mort/ taxesCash flow of $650 x 12= 7800.    7800/41541= 18.5% ROII plan on managing and lawn care on my own if I do end up outsourcing it the number would be: -199 management {10%}-66 lawn careCash flow +385 x12= 4620        4620/41541 = 11.5 % ROISo with self managing the ROI is great not so good if I outsource management Let me kno what think of these numbers!

Forget the 50% rule - it's garbage.