It might have been more when yours was built.

Many years ago when foreclosures were the hot item and every idiot in town was getting rich from them till the bubble burst, I paid $180 for Carlton Sheets No money down deal course hardcopy books and cd's well I bought the house I was renting with 0 down.

Now those backups are my primary banks and we have built great relationships.

I had a PM company that I had built for 20 years with my wife who was a RE salesperson. 

You can also see what is being built in the area.

Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.

When I was tracking my hours, I used WhatsApp to communicate with my property manager, contractors, and guests—it timestamped every conversation and became my built-in log for documentation.

I look at every single item in the pro forma and imagine that it is complete BS, and see if I can challenge it.

Year built 1922.

Built to rent communities are also becoming more popular.