That makes your effective tax rate 2-3%, which should be offset by your rent increases.

Existing tenants claim that they are generally happy with the property and don't have any complaints or repairs that they've requested and they've just renewed their lease 2 months ago.What I like about Hemlane- Cost: Even at the most expensive package offering for full repair coordination and access to a network of service pros, its still cheaper than the property management companies I've spoken with.

Is there a loan that will include the purchase price and rehab cost?

I guess I am thinking of cost per year of service as my primary metric.Without knowing anything, the EverSeal product looked like it might be cheap to install as it looks like just spreading a thick liquid across the roof.

Construction costs have almost doubled in the last 4 to 5 years. 

Our seasoned properties with lower costs hung on fine. 

Mistakes that cost a lot of money can happen when you're feeling emotional.

She is getting a 1.46 multiple over 4 years , so 1.46 X to the Y 0.25 equals 10% compounded annual return, which should be totally covered by depreciation so that's an effective yield of 16% if in top bracket.

. - this leads to management inefficiencies and waste- you have to rely on other people's judgment- you have an overhead cost burden for doing things remoteIt is tough enough to organize a carpet & paint rehab remote (ask anyone who did it the first time), let alone a full-scale BRRRRR.

However, if the high cost of living makes this impractical, you should consider a turnkey rental property.