That can be an uncomfortable conversation.

@Betsy ChaconWithout knowing what you know or how much you have learned it is hard to give pointers.What is making you uncomfortable?

Hi Arthur - I am a Broker and routinely represent landlords.  

:) If you are happy and financially fine, why mess with it at the risk of making yourself uncomfortable.

We normally quote % as net pre-tax - meaning, after all purchase and routine running costs have been taken into consideration (barring unexpected expenses such as vacancies or maintenance).Is this what you're all referring to here?

He may one day.I would first look around your property and make a list of items you will need to do as a routine maintenance.Are you going to have to clean your gutters every month or so?

I'm never comfortable giving a new contractor money up front and they are often uncomfortable doing work without getting some money up front.I had a furnace guy years ago who wanted half up front to put a furnace in and the balance on completion.

I've routinely gotten 10% off or cash discounted cards by shopping smart.

An average person with a modest routine of self-improvement will out perform a disorganized genius ninety-nine times out of a hundred.

@Aref ShehadehUnfortunately, the 8% most likely only covers routine administration of the property.