@Jason Dubon I use a percentage of the rental income to prepare for expenses.

That’s one of the highest growth forecasts in the country while still maintaining strong rent-to-price ratios.Memphis also has a resilient economy, driven by logistics (FedEx), healthcare, and a high percentage of renters.

This could be a dollar amount or a percentage.

Property management can be great if you are willing to give up a percentage of your gross rents to not deal with headaches, but it's not like you can just ignore your asset.

Here’s a chart showing what percentage of an American’s average mortgage payment goes to taxes and insurance:Rising taxes and insurance premiums make real estate even less affordable for buyers already facing higher home prices and mortgage rates that rose ~150% in less than two years.

I can't buy gas with a percentage.

When you took in the increased cost of the build how did you arrive at that percentage?

Make note of some important ratios and percentages such as COC return, IRR, CAP, yearly maintenance vs acquisition price, etc. 

Then offer the creditor a percentage of this amount as settlement in full.  

When they pay out a claim, the money comes out of their pocket.