For the next 10 months (40 weeks) you spend a fairly reasonable 5 hours a week marketing, communicating with guests and your property manager and bookkeeping.

This is a fairly basic question that any seller should be willing to answer even before you sign a sales contract.

This metric became popular post GFC, when properties with a 1% rent to value ratio were fairly easy to find.  

Hi Vincent, there is a significant difference in true Hard Money and rehab loans, rehab loans won’t be low doc by any means.Hard money should be fairly simple & quick to fund, it’s strictly equity based.How bad is the condition of the property?

Hey Anderson, I am also fairly new to the game.

I've done a fair amount of research, reading books/listening to podcasts to the point where I feel I could take an active approach, but I am currently in the military so I don't want to over-exert myself starting out.

I dont do 100% development but have done my fair share over the years. 

Those are repairs that we had to pay for, however, and that can cut into your cash flow if these problems occur often.Well maintained equipment is also key.

If they do, then you can likely find another tenant for that amount fairly easily, as I would assume the entire town's taxes are up- so if someone really wanted to be in town, that price is the new normal.If your taxes increased that substantially in a C neighborhood, your tenants would way more likely give push back for that type of increase- even though you're not being greedy, you're just imposing the same raise you were given.Often the buyer who had the "well, the numbers are better" mentality is only looking at year 1. 

Since your properties have significant equity and low interest rates, you could consider refinancing just enough to maintain strong cash flow.House Hacking:Consider purchasing a duplex, triplex, or fourplex in San Diego.