Because a large percentage of the charges are base fees that do not change based on use!

Additionally, when underwriting deals, you need to account for the general idea that repairs and maintenance will be a larger percentage of your rent, the lower your rental is.  

Good afternoon Jaycee, 6 make up the equity and they are currently under my name due to some past Refi's.I have actually proposed selling the trucking company to one of my drivers or at least giving him a percentage to recoup some of my initial investment.

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.

Going direct instead of having a GC do the work will save you money too since that GC will put a percentage on top of work. 

Determine at what percentage of completion you'll pay for work done. i.e.

There are too many weekend warriors willing to pay a much higher percentage when its on the MLS. 

My understanding of the capital gains exemption is that we would only be able to take a percentage  (12/20) of the $500K exemption once we live in it for another two years.  

Some PMC's will charge a lower percentage fee, but will charge it whether tenant paying or not.

@Charles Evans, definitely keep all paperwork associated with your tenant (lease, receipts, etc).For expenses that are not split per unit but are for the entire structure (utilities if not separately metered, mortgage interest, etc), keep a record of those payments so your tax pro can deduct a percentage of them for the unit you're renting.