At the current price, the default option (full-service management at 10%, maintenance done through independent vendors, and water + sewer + garbage paid by the owner), the cap rate works out to about 7.5%.

to start: large level and small level power tools (drill, saws, nail gun, multi tool) screw drivershammersmeasuring tapesstud locatorchalk stringpry barvicesmagnet wire stripper flashlight tapes (duct, blue, masking)paint brushes, rollers, pans gloves putty knifestraight edge cutting tool steel woolpapertowels, shop towels  garbage bagsmagic eraser

In a single family rental, you would try to have the tenant pay for all utilities, so you wouldn't be paying for the electricity, water, and garbage in your post-refinance expenses, so that would take away $30 worth of expenses in your calculations.

And most "deals" wholesalers present are hot garbage.

If the appraiser used a market derived expense ratio it's either because the owner has garbage income/expense data or they aren't running it properly and an underwriter would want to see what it would look like as a market deal.

There's no way I'd stuff who-knows-what down a garbage disposal but your tenant does.

There is no way to predict when a toilet will break or a garbage disposal will go out or when a tenant will put a hole in the wall.

I cringe when I here people talking about ordering Ikea garbage for their STR and then complaining about how hard and long it takes to put together.

I provide garbage disposer and icemaker in the kitchen, but my leases specifically say if those break I reserve the right to remove and not replace them.

Could not really store anything in it that was not in plastic garbage cans.