Property Taxes: 1.08-1.25%Confirm with the cityDirect Assessments:  Contact CityInsurance:  $.30-$.40 per sqft. of buildingUtilities  $45/unit/month - Water,Gas,and Electric Individually Metered$75/unit/month - Mostly Studios + Small 1's$85IunitImonth - Normal Unit Size$90-$100funit/month - Large UnitsTrash  $100Imonth - 5-10 Units$150Imonth - 10-20 Units$250Imonth - 20-35 Units$350Imonth - 35-50 UnitsPest Control  $60/month - 5-10 Units$100Imonth - 10-20 Units$150/month - 20-35 Units$200Imonth - 35-50 UnitsRepairs&Maintenance  15%of EGI - High Deferred Maintenance with Low Rents10%of EGI - Deferred Maintenance7.5%of EGI - Decent Shape Rent Control Asset4-5%of EGI - Good Shape Rent Control+Non-Rent Control(1978-1999)2-3%of EGI - Newer Construction(2000+)Landscaping  $100 per Month - Small Landscape$150 per Month - Large Landscape$200 per Month - Large Landscape Area in need of regular trimmingPool  $100-$200 per MonthOn-Site Manager  $30IunitImonthManager  4-6% of EGIReplacement Reserves  $250 per UnitLaundry Income  $10/unit/month - Singles or Small Families(3-4)$15-$20/unitImonth - Larger Families(5-6)Vacancy Rate  Based on REIS

The money is there, the studios are there, and aspiring actors and directors and script writers the world over flock to Hollywood.

I love audio so I will most likely Audible them also.

You'll be looking at a small 1br or a studio, but I actually love those buys right now.

Audio or ?

When I had a car audio business decades ago I had a sign over the door. " Radio and 2 speakers installed for 99 dollars.

If by some freak circumstance you do, it will be some idiot being paid by the hour to work the phones and the only real estate transaction that person most likely ever has been involved in was moving out of mommy's basement and into some crappy studio apartment.

Mark Nolan I've heard good things about this book, does there happen to be an audio format?

I have a studio and 1 bed, I have no issues and they rent FAST bc of the location and need.  

That 90% is stuff that really is a needed if you want to be successful.http://www.amazon.com/HOLD-Find-Rent-Houses-Wealth...It's also available on audio-book.