Maintenance depends on condition 5 to 10% o gross rents should do.Tag 1/12th each month or 1/4 every 3 months, consider what could go wrong.PMI is not tax deductible individually but is an expense in business.Consider 10% vacancy, estimate when it will be leased for the first time and put month in at the end it's a guess so you can delay income well, lots of ways to play what if.Any mortgage payments with that PMI?

This is obviously for use on surfaces that can be cleaned (not drywall) such as brick or block, concrete, some wood etc.

Later, I was also in non-profits, with gut rehab to new construction, developments but not fair to compare with an individual flip, drew a salary, fees and benefits.

Bill Gulley, thanks for your insight...very thorough postLots of points to respond to, I'll address each one individually...

Larry, or anyone, you can address 8 & 9 in your contracts, you might also have more of an introduction the party providing the intent letter and the address/legal, at this point the tax legal may be sufficient if it's not a lot/block and a meets and bounds, some are long. :)

A bank can make a combination of loans, for acquisition, rehab, bridge loan and an end loan each with less expense than doing a series of financing elsewhere individually.

Trim and/or body color have connection to roofing color, and it neither looks like the rest of the homes on the block or stands out like a sore thumb.Thats my 22 cents!

Notice the support sitting on top of a cinder block which is unlevel...

Had a leisurely morning with them, my dad and I headed to Lowes and then swung by and looked at a house for sale a few blocks from some of his rental houses.

By IRA you mean Individual Retirement Acct.?