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.

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

.-- 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).

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.

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.

My Mentors & a few of the lessons taught:- Age 0-13: My Father - Integrity, Faith, How to Love & **How to Play Spades**- Age 13-17: Coach Jones - Commitment & Grit- Age 17-20: Coach Larkins - The Value in Reading & How to Think Bigger- Age 21-24: Sean Myers - Never Stop LearningHow important has mentorship been for you?

Anything is possible, but being successful as an agent under 30 is incredibly hard, because clients usually don't pick agents that are much younger than they are.Always sail with the wind, it is easier.Getting into sales at a young age is a great idea, but I think you'll find it much easier (and make more money) doing something where your age is not in your way like flipping couches, washing driveways or selling lawn services.