It's totally up to you but I think very few investors would suggest less than 7% on anything with 20 units or less.As for repairs, the 10% you have total is for reserves (I think these are actually pretty good numbers depending on the age of the place).

Under the "purchase closing cost" section they suggest $1,500-2,500 but my projected closing costs are significantly higher.

I would suggest house hacking (buying a home with multiple units like a 3-plex) and getting the rent from the other two units to cover your own housing expenses.

Does anyone have any suggestions or recommendations they can provide for title companies in Nashville that are familiar with wholesaling?

At 19 I would suggest trying to land a job that has at the very least a "decent" income.

She brought tremendous value by walking through the property and suggesting things to fix that would matter to prospective renters, as well as screening the calls and showing the property.

Hi All,Any suggestions for the best application for my tenants to pay rent?

@Ari Bildner about the only change I'd suggest is to up your Vacancy to 8% since that'll give you about a month's rent saved up each year (1/12 = 8.33%)

Thanks for all of your suggestions!

Can anyone suggest some property management companies that they have had positive experiences with in the Muskegon area?