This is a flat or adjusted percentage of the non-custodial parent’s income.Rental Income And Child Support Payments FAQsHere are people’s top questions when calculating rental income and child support payments.Does child support count as income for renting?

@Unal Baris KancogluTo manage a multi-family property, communicate rent adjustments early, implement gradual increases, set limits, reassess lease terms, highlight improvements, and offer incentives.

Lastly, the safe harbor for small taxpayers allows you to deduct expenses under a threshold of 2% of the adjusted basis of the property up to 10k. 

Operations Manual: Create a detailed operations manual covering processes from acquisition, development, and property management to sales.

Are you paying it off because you don’t like having debt, or because the interest you’re paying is higher than the return on the money you can receive by investing it (on a risk adjusted basis?).  

I think you missed where @Drew Sygit said that is a copy and paste of advice he gives to those asking about PMCs and asked how many of the questions applied to your screening so he could adjust the content for future posts.

There is a LOT that needs to be fixed/adjusted as things have not been correct for a while.

I'm a public adjuster (not in NY though).

You definitely need a strong house manager in place with a policy and procedure manual.

Then it may be possible to develop a better repair budget or adjust the preventative maintenance schedule.For example, unexpected property damage could be viewed as a short-term issue, and you should quickly bounce back financially.