They allowed in the proforma for a 3% maintenance.

New 5-year Triple Net commercial lease with annual increases upon closing.

Overall, Section 8 is a good way to get some pretty reliable income to get the property cash-flowing, provide additional experience, as well as with the required annual inspections, make sure your property stays in a good condition! 

It can be used to monitor markets, filter results based on lots of different criteria & even includes annual revenue numbers that you can work backwards to see how certain markets/properties are performing.

But my experience over the last 10 years of building new homes is that NOTHING comes down might stay the same but will rise almost annually Like Cement always goes up in Jan. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

New-home sales hit a seasonally adjusted annual rate of 698,000.

It almost feels like he's asking this question as a means of justifying his own inaction.EXAMPLE: Jake tells his friends he doesn't want to marry a "beautiful" woman because he believes they are "selfish," "materialistic," or "high-maintenance."

Bought it as a safe bet thinking it would do roughly $35k annually in short term rents.

@Isaac Terry Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?