I am a commercial banker at a community bank and we typically add back in non recurring repairs to EBITDA when calculating debt service coverage ratio.

Recurring revenue along with appreciation as well as tax benefits will make you wealthy.

@Nicholas Groover,What do your recurring expenses look like?  

I don't know if 1 time means you immediately switch gears but if it were a recurring theme then yes I'd say you want to pivot to someone else.

Supplies are recurring expenses, every 2 or 3 months depends when they run out.

Bank of America's "America's Home Grant" gives 7500 for non-recurring closing costs, whatever is left of the 7500 buys down the rate.

Your Grandmas idea of Being a Real Estate Agent is a good idea, but it might be months or some cases even a year before you start seeing any income from your sales and in the mean time you need to find a way to pay your bills and save some $$$ and there are recurring fees involve in being an Agent..Your immediate goal should be finding a job that will pay you the most, you can work in a W2 and invest in REI.

We also sit down with the onsite manager and go through the financials related to their role of running the park (collecting rent, problem tenants, sales of homes, marketing efforts, recurring maintenance items, problem areas in the park infrastructure, etc) If we don't find any deal killers during our initial walkthrough, then it makes sense to schedule contractors to do formal inspections.

They sign up for a recurring debits, and my late fee is automatically applied if rent is paid on the 6th or later.

She got an invoice for:-$590 monthly (not $499 deal rate as agreed) $25 fee for 10 month rental So $615 monthly recurring rentSpoke with their office and was told this is the policy as the deal was only offered for the 12 month period.