Out of curiosity, where did you purchase your rental property?

Most investors I've spoken to have advised to accrue 10% of gross rents for maintenance expense (and 5% for CapEx).

I can also change an amortization period keeping payments the same, allowing unpaid principal to accrue to another balance that may carry a different rate, a different payment, like an annual payment.I can also simply adjust the payment required.

Out of curiosity, where is your Kentucky vacation property?

My approach is to do anything REI related within my means, skillsets, and curiosities.

If real estate taxes (whenever they accrue) are ahead of mortgages under local law, they will also be ahead of federal tax liens.

Under the above PASSIVE investing plan, the investor can have accurate allocations from rents going into the various deferred maintenance accounts, and putting accrued profits back into the business compounding the power and affects of the annual active contributions.

This interest accrues daily and is debited to your account calendar monthly in arrears immediately after the last day of each calendar month.

Out of curiosity, how did you do your screening?

@Michael Haas  out of curiosity what does it usually take to legalize an existing unit  (lets say it was basically well constructed basement ADU,  but built a decade or more ago without any permits/etc I don't have any such situation so just a hypothetical question,   though I do have some extra storerooms at one of my properties that would be best converted to a studio unit ; but when I investigated this with the local municipality they basically wanted me to upgrade the entire building to current code standards in order to be able to finish out that space as a 5th unit.