They are willing to sign but don't understand they are taking full reponsibility, no matter how hard I try to explain.They want a shorter term, they have no credit, they have a pet, and I'm willing to bet they don't have a Landlord reference, either.Hard pass.

With these recent comps, I've just been wondering if there could be anything to this bizarre and totally illogical thought of "am I just priced too low for some reason? 

The first set of contractors sent to the property provided a preliminary estimate of repairs in which they are quoting a total of $86,000.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The whole area is a total mixed bag--building years from 1959-1983 and square footage anywhere from 1000-1900.

I haven't been to AL for a while but I'm betting there aren't too many dog sled training properties. ;-) Oddly enough, there are a bunch of ice skating rinks and ice hockey here in the desert.

Estate planning for nonresident aliens is imperative, given the total value of your father's estate (amount of $60,000) will be subject to the 40% U.S.

Add 0.4%.So we're looking atBase fee: 10%Tenant placement: 4.2%Renewal fee: 0.5%Inspection fee: 0.4%Total: 10+4.2+0.5+0.4 = 15.1%Of course, this will vary across markets and between PM's.

JeffListing Price:$159,000 INCOMERental Income$1,748 $.85/sqft.Garage$0 Laundry$0 Storage$0 Misc$0 Total Monthly Income$1,748 EXPENSESTaxes, Property$350 Insurance$100 UtilitiesElectric$0 Water$100 Sewer$50 Gas$0 Garbage$0 HOA$0 Lawn/Snow$0 Vacancy$100 Repairs$100 "Capital Expenditures (i.e. new roof)"$150 Property Mgr $0 Mortgage $705 Total Monthly Expenses $1,655 CASH FLOWIncome $1,748 Expenses ($1,655)Total Monthly Cashflow $93 CASH-ON-CASH ROIDown Payment $15,900 10%Closing Costs $5,000 Rehab Budget$5,000 Misc, Other  $0 Total Investment $25,900 Annual Cashflow $1,111 Cash to Start: $25,900 Cash-on-Cash ROI 4.29%

Especially in Florida when every year (almost) they suffer this kind of threats.As a flipper its very hard to find insurance company that will be ready to cover your house.As a home owner for rental: How much will the insurance company will cover in case of total disaster like this?