We have been doing this constantly in Boise as we are such a high appreication market, but still more cost effective than CA.

I'm not too familiar with the markets yet but research I've done suggests that the towns of New Britain, New Haven and Hartford all have a good mix of inventory and low prices coupled with plenty of amenities, night life, cafes, etc and local colleges to bring younger people to the area year after year.

You’ve developed a moderately fast wealth accumulation strategy that’s relatively low risk, enabling you to ride out down cycles, negative cash flows, unexpected necessary expenditures, etc.  

From an operational standpoint you might also want to consider the cost of any extra tax returns that are needed by the entity as well as any extra accounting fees.Good Luck!

You still have the cost of lease renewals, but that's minimal when compared to the cost of turnover.  

That will increase your material costs for the job and is the contractor paying for the material in their bid or are you paying for it and paying them a labor cost.

I have noticed competitors charge as low as 10 to 15% but their quality isn't the best and then I have seen others charge 25 to 30% We remain in the middle and provide a small business experience with super host status.

Go ahead and file.In real life it costs you time to figure it out and money.

Cash flow is usually strong because rent prices are decent, and the cost of the property is relatively low compared to places like California.

And not only that, my cash flow on my new properties was low or sometimes zero.