That would mean to hold the property long enough to build equity and not lose money, which means several other factors need to favor you at the same time. 

Do you just include all utilities in monthly rent since it’s coming from one breaker and water account?

The appealing aspect here is the ongoing population growth and other economic factors.

This would include your agent, property manager,  and contractor.   

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

Markets change, and as market factors change, the job we give to each dollar should also change. 

Anytime a legal matter is of concern, it’s helpful to include the State where the property is located and perhaps other pertinent details that would be useful. 

I hate bunk beds even though we are forced to include them regularly by our customers.

That includes making a specific request regarding each property, getting approval of the servicer to make the transfer.

You also have to factor if there is an HOA fee or any annual or semi-annual association dues, in some cases flood insurance.If they are off on the upfront numbers it changes the DTI and can make or break the deal.