Usually however the percentage paid by the seller is higher than that paid by the purchaser.

It's something you have to accept happening a small percentage of the time as a landlord.Good luck to you!

Either you could spend the next year trying to find the golden goose or create your own opportunity.You have a few options. 1 find a partner to be your credit partner and take a percentage. 2 find the 20% through family and friends,  show them the power of investing and hope for the best, cash flow for a year and refi them out. 3 wholesale it use it as experience and use the cash in your next deal. 

The percentages are just averages to use, obviously if the water heater, furnace, roof, etc is old and will need to be replaced in the next 2-3 years, a 15% calc. for vacancy/maintenance isn't realistic.  

You need to determine about what your selling costs will be (as a percentage of the sale price), and then enter that there (though I don't believe I use this value anywhere on this spreadsheet). 

If you are looking to leave, then you have to hand that margin and value add to property management and will loose percentages of return on your investment. 

Depending on the area demographics, it may not be a "preference"; a large percentage of households may not have the ability to purchase a home.

If you are going to higher a friend or handyman to be the GC, I would offer to pay them on performance.Be upfront and open with your profit margin on the project and agree upon a percentage of that profit margin, so their success is tied to yours.

What percentage are you purchasing more rural properties in up and coming suburbs?

Originally posted by :Thanks for sharing and helping me think a few moves in advance.Upon further reflection and to extend the analogy ... not only is it important to think a few moves in advance, but it is also important to understand that different pieces move in different ways and have different value at different times; some are good at offense, some are good for defense, no single piece is good or bad, the more pieces you know how to play and preserve or strategically sacrifice the better, it is seeing and knowing how to play the board that matters, and being humble enough to think in percentages with multiple exits rather than absolutes in one ... sorry if you don't care for semi-vague analogies, but I'd personally rather not try to provide answers but find more value in asking interesting questions and posing semi-vague analogies ... answers give information that has a myopic context and limited shelf life, while interesting questions and analogies (hopefully) spark interesting thoughts and interesting discussion ultimately leading to wisdom that helps you, helps me, and helps the community.