Additionally you want to model out a vacancy period at the end of each lease term, to be conservative. 6-12 month vacancy factor is common.

Hi Scott, it may make sense to expand outside the local area so I'll keep you posted. 

OR to HI is a common theme, actually a lot of overlap of seasonal owners that go between.

Hey @Boris Grin, that makes sense.

If you’re for example, in a city area, and this specific location is comprised, mostly of individuals seeking one bedroom and efficiencies it would not make sense to build four bedroom units.

Hey April, your CPA is correct in the sense that you can only write off passive income against other passive income.

I shop it every year and the most recent company I work with has been really good with pricing but still doesn't make sense based on our 15 year history of having no claims and paying out every year.   

Makes sense, since HELOC depends on the apprised value 3.

Subpar work and poor tenant screening are common, unfortunatley. 

Hi Neal,Makes perfect sense.