Learned to cut that expense, upkeep, etc., and from what I'm learning, just one less thing that I have to worry about as far as inspections.

Here's a summary of what they've offered:- Monthly PM Fee: 8%- Markup Fee: 15% on top of bills for services like fridge setup, applicable to any expense over $300.- Late Fees: They retain 8% of any late fees collected.- Initial Setup Fee: $300.- New Lease Fee: $275, but no fees for lease renewals.- Maintenance: They offer minor maintenance in-house, with the markup fee applying to expenses over $300.Do these terms seem reasonable to you?

Replacing the electrical can be quite expensive.  

I've got a pretty expensive remodel with furniture so I only want the right crowd.

Total expenses (include formulaic maintenance and vacancy rates)4.

Would it be expensive?

.- I am confident that the 50% rule will be a more accurate expense estimate (-606/month) than the OP's estimate. 

For instance, spend $10k on a kitchen remodel, increase your value by $8.5k (or whatever, but it's always less than the expense).I figure I must be missing something, because BiggerPockets is full of investors talking about their contractors, etc.

Hi guys,So I have lived in a house, in an expensive neighborhood for 10 years,  my  child grew up there so I am very attached to that house and so is my son.

Are you a New York landlord looking to enhance your rental property's success while making a positive impact on the community?