@Horacio Gutierrez You have to wait 6 month to cash out if you are using loan to purchase the property under conventional loan.

There are services that charge a hefty fee for this, but can often be well worth it if the tenant stays and takes care of the place.Best of luck!

The most a neighbor has ever charged us was $20 and some just say not worry about it. 

I worked at an apartment complex where we rented by the bedroom and it's very important to outline policies regarding the security deposit, shared common areas, damage charges, etc. 

The current guy I use is all over the place with his pricing and charges vastly different amounts for the same type of jobs.

Is 0.75 multiply against what is charged for rent for the month or is multiply to the cash flow I get after I subtract all expenses such as insurance, taxes, and paying the existing home mortgage?

A quick glance at housing affordability in AustinMedian Household Income App (Forbes): $73,493 ($6,124/mos)Cost of Living (Forbes): 15% above nat'l avgMedian Home Cost (SFR-ABOR Stats): $302,250Assume 5% Down Payment Conventional Loan- 30 year amortization- $15,112.50 down pmt + any closing costs• Percentage of residents with less than $1,000 saved: 56%• https://www.gobankingrates.com/…/…/americans-savings-state/…- $287,137.50 amt financed- 4.375% interest rateHow the payment looks:PI= $1,433 mosIns= $105 mosTaxes= $458.33 mos (Assume $5,500/yr)HOA= $25 mos$2,021.3/mos PITIDTI’sHousing ratio= app 33% @ median income ($2021/$6124)FHA should be at 31% or less with Conv/VA/FHA being around the same although all have exceptions in placeTotal DTIThese hover between high 30%’s to manually underwritten total DTI’s in the 50’s or higher depending on the programs@ 45% Total DTI Ratio and assuming the above PITI pmt that gives a borrower approximately $734 per month in all other creditor debt (cars/cc/personal loans/etc)These numbers are not perfect but are rather a quick illustration of current housing affordability in Austin for Retail Buyers.Summary: Housing is becoming less and less affordable in the COA for end retail buyersAssuming increases in property taxes/insurance/interest rates on the horizon how does this affect us as investors?

Conventional How did you add value to the deal?

In reality, when you are competing with other conventional buyers, it's all about the real estate agents negotiation strategy, many think that we as agents just open doors, but a real experienced agent, knows a lot more than just that. 

Another strategy is to charge a utility fee on top of the monthly rent.