Its crazy to think that this is how bad it is in this day and age.

It’s super relatable, especially since your friend is around the same age and also just getting started.Also, as someone who works closely with newer investors, especially those with busy careers like your friend, I’d love to share some insight on how she can diversify her income while keeping it relatively hands-off.

I know a few people doing deals whilst in college too.

This day and age, sales is all about being honest.

We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

What market are you in, what is the age of the asset?

I think you're recommending a more detailed analysis involving the age/condition of all the building components/systems and prorating those costs out over time.

My name is Caleb Salvi, I fell in love with real estate from a young age and I am passionate about sharing all that I have learned with others.

.-- My recommendation is 25% of rent to cover vacancy, maintenance, and Cap X for older homes (+20 year), 20% for middle age (5 to 20), and 15% for new homes (you’ll need it eventually).

I'd love to have some someone my age partner with me, where they also start where i'm starting from and learn as we go.