. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.

- sounds like your friend's PMC pays this way.If W-2, why isn't your business properly insured to cover him?.

Neither of us want to pay expensive commissions if we don't need to.

The intensity and same desire to avoid paying a licensed professional for his opinion.

Owners were charged an assessment (several thousand dollars) in 2023 to put into reserves, as per the new rules after the Surfside collapse.

@Chris ShonYes, a real estate accountant is worth what you pay them.

Unless they are on the poorer end renting furniture from Rent-a-Center they aren't likely wanting to pay to rent someone else's furniture.

My first goal is to hit 5k per month in pure cash flow and second goal is to hit 10k per month in pure cash flow.

I buy my STR's for fun so that I have cool places I want to go to for my family that pay for themselves and make some money.

If I terminate property manager lease for existing PM for rented unit then I end up paying whole year commission of about 1500$.