------------Deal #2 Purchased in Oct 22:3/3 Duplex in Milwaukee 53204Purchase Price 145KCurrent Rent: 800/1025 (1825 total)Property Management: Smart Asset Management 8% monthly rentProperty Tax:  1587 /yr | 133 /moInsurance:       1060 / yr | 89 /moUtilities:            1800 /yr | 150 /moCap Ex: 30% projected (20% last year | 35% this year)Longer term tenant in the one under rented unit.

More common is they save it and then don't raise fees.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Tenants are responsible for property taxes, insurance on the building, and common area and maintenance costs under triple net lease.

Our PM has previously said they must have properties they manage up to a certain ‘standard’.We do not want to pay legal fees for Small Claims Court.Any help is appreciated.Stephen E

Any current rental property owners that can give me details on the cost of rental license and inspection fees in Lansing, MI?

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

My brother and I are starting to invest on the side ourselves, and from all the podcasts we've been listening to, we want to make sure we are doing things the right way to take advantage of any tax incentives.

If i would have financed it for 15 or 20 years the payment would smaller which would have allowed me to have enough money generated enough money to pay all expenses including taxes