No smell of pot, loud music, barking dogs, throwing garbage in the wrong can, parking in the wrong spot, etc.

$2k in labor, $20 in materials at the "Leftover Garbage" shed.

Wanted to also echo that the arcade guys is a garbage project.

Do the fixed expenses (water, garbage, insurance, flood insurance, property taxes, landscaping account for this difference?

Any feedback is appreciated on this one.Google drive link to full spreadsheet Cost and Revenue Assumptions List Price 550,000 Land 302,500 Building 247,500 Improvements 175,000 Closing Costs 4,000 Total 729,000 Number of Units 2 Average Monthly Rent 1,800 Other Income Gross Monthly Revenues 3,600 Operating Expenses Yr1 Electricity 0.3% 0 Insurance 11.9% 4,900 Water/Sewer/Garbage/ Electricity 3.9% 1,600 Property Taxes (On total value of property) 0.1% 6,086 Repairs and Maintenance 5.0% 2,052 CapEx 4.5% 1,850 Professional Fees 0.6% 360 Advertising 0.5% 210 Other 1.2% 0 Total Operating Expenses 11.8% 17,058 Expense Ratio 42% Net Operating Income 88.2% 23,982 Capitalization Rate 3.29% Operating Ration 58% Scenarios Gain on Sale Cap Rate Estimated Exit Price/ Gain On Sale - 1 Yr -4.7% (34,000) 5.50% Estimated Exit Price/ Gain On Sale - 2 Yr 0.1% 750 5.50% Estimated Exit Price/ Gain On Sale - 3 Yr 5.1% 37,238 5.50% Estimated Exit Price/ Gain On Sale - 5 Yr 10.4% 75,549 5.50%

Again I would ask these frauds: would YOU like someone pulling that garbage on your mother, sister, brother, friends..or would you be made at someone else for their dishonesty.

Airbnb collects $ millions in garbage insurance premiums from guests but only rarely pays out anything.

And the fact that it's a pain in the butt is what makes sifting through all that garbage so profitable. 

From the neighbors reaction, you would have thought we were building a garbage dump on those locations. 

I'd double check on the property taxes as well.In addition to the mortgage (and taxes), you have insurance, utilities (water if often tied to the home, so if the tenant doesn't pay, you are on the hook), garbage.