Start writing down the seasonal preventative maintenance you need to do and how much repairs cost. 

- Hold it...there will always be down years around maintenance and turnover but time is your asset here and you are in an expanding market.Q3: I am curious to know, have your rental properties outperformed the S&P 500 or REITs and worth the hassle?

Vacancy and maintenance factors should be higher than for Class A as homes will be older, have more deferred maintenance and tenants will be harder on them.Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)

I have also found deals that require minimal work yet they are priced way below market or, with the minimal work that needs to be done, can be resold for much higher.Like I always say, you may not find a deal each and every time you are on the MLS, but with a "trained eye" one CAN find deals on the MLS

After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.

Standard requirements for such investments typically include good credit, relevant experience, and a 20% down payment.

I would venture to say that 95% of properties listed today on the market will not cash-flow at a 7-8% investment interest rate once you factor in principle, interest, taxes, insurance, and a maintenance / capex reserve.  

Hey Andrew, conventional loans offer lower interest rates but they require 20% down payment.

They are as in-expensive as any competing importer and nobody matches their specs in the price range.The plywood is good hard plywood not the typical soft import plywood.Their products meet the California Air Resources Board Phase 2 requirements for formaldehyde emossions which is a huge issue with import plywood.Their finish is a UV cured, water based Benjamin Moore stain just like the American product.  

The 1950s brick homes are about the best built and lowest maintenance.