Now he has sold the company and is more of a flat rate charge based loosely on how long it takes him to prepare the return.

*Selling Expenses – Realtor commissions, closing costs, and staging expensesA good way to gauge the maximum investment in a property is the 70% Rule, which states investors should pay no more than 70% of the after-repair value (ARV) of the property — renovation costs included.

In my area these are rare so they are difficult to set market rent, and I imagine get a lot of wear and tear with a lot of occupants living there. 

=)I came across this post while doing a Google search and wanted to chime in.I’m Mark Simpson, founder of Boostly, and I’ve really enjoyed reading through all the comments.

Thousand Oaks has become increasing popular and has a lot going for it (major pharma, university, etc.).

This allows us to close extremely quickly, which is an important competitive advantage.I don’t know how to read our own tax returns, and I’m certainly not going to read yours.

To be fair, they needed a tad more work, but you get what I'm saying.

PM companies charge a lot and if you don't have multiple rentals why pay them? 

It's not fool proof but I've weeded out a lot of people this way without spending money for marketing. 

There are a lot of rules to follow, but make sure you have a great custodian.