Generally - the depreciation on the structure, mortgage interest, property taxes, repairs & maintenance, insurance, property manager, utilities, vehicle expenses (mileage), professional fees (reports/CPA), home office (office supplies, percentage of utilities, continuing education).

Unit was rented by some one who was the manager for a about a year and then gave over managing to me.

If they did, that’s really bad practice management.

There are certain brokerages that act more like true w2 employers, but for the most part you will be managing yourself.

Vaughn is 40 years old, has a Bachelor of Arts in Marketing and Business Management from Temple University in Philadelphia, and resides in the City of Tampa, FL.Ms.

I manage around 400 rentals with 14 years of experience and have never been sued once.

If you call about a property under management, schedule an appointment to see it. 

Sounds like you’ve got a solid foundation with your GC and project management experience.

With myself as an operator I would offer the following: underwriting the deals, a detailed scope of work, a detailed material list, the labor, and the management.  

All are being used as LTR and managed by local PM.