Using the 40% for expenses I use because I'm willing to manage for free and I have optimism about the area, its right at $99.For rentals, though, you do need some cash in the bank to cover unexpected and expensive items like furnaces, evictions or tenant damage.

I would be interested in having a conversation with you.

He either ignored the tickets or ignored the tickets . . . either way, it is a telling tale of the man's concern about the law (an interesting conversation, considering he was at Harvard LAW and eventually was the head of Harvard Law Review).The fact that Joe's tax issues are now an issue in the campaign, and the guy who is about to become President's ticket issues aren't is just plain stupid!

I own a bunch of rental property and I have a resident manager to deal with the day to day items.

Reality: Now that you have provided them documentation that item belongs to you, you have permanently cemented that item on your credit report.

Nevertheless, make your offer based on actual rents.In addition to the items you mention, you'll need to account for vacancies, management expenses, advertising, utilities in vacant units, evictions, legal fees, tenant damage, make ready costs between tenants, etc...

I seem to be reading in some places where the middle man doesn't even sign that first contract - it's between the seller and the end buyer, and the investor (or whatever you want to call the middle man), gets put down as a "line item" and gets an "assignment fee."

Josh,The questionaire you refered to does have many of the questions I include in mine, but does not give the answers you as the investor should look for, but it is a good start.As far as posting my workshop items, I can not give everything away for free and stay in business.

I get a few leads from linked in, but it is generally through my contacts there and conversations in some of the active groups.Often leads bring additional word of mouth contacts.I have also taken to contacting individuals that have various services or skills that I am looking for.

@Ramon Pena Alvarado in addition to what has already been shared above, here are a few more items to consider:Management - if the park is out of state and you choose to use a third party manager (be extremely careful and selective if you make this choice) that will add another layer of expense.