You'd also pick up the front-side commission of course.One of the things we talk about at our company is that our customers seem to value deals they find at a higher level than ones we find.  

@Tim Shin I really like the BP calculator for back of the envelope high level estimate, but you're right that every property will have different expense ratios.For example - one of my rentals is a brick home, energy efficient with an older A/C unit.  

Recently I passed the CFA level 1 exam and decided to take a break and I'm spending that amount of time I would be studying for level 2 on learning everything I can about real estate investing, specifically buy and hold and renting out at this point. 

I don't like renting in apt buildings or plexes where the noise level drives me insane.

If you don't mind me asking, how did you get started and reach the level you are at?

Fuel is not left at original level.

@Rick Pozos has an informal meetup on Feb. 10th -- The group has investors of all different levels and its real easy to ask questions and get some help.Also, please let me know if you find any deals and are looking for a buyer.Good Luck!

They have excellent closers  whose job is to get you to go to the next level.  

What I am saying about being too price conscious is that I see exclusionary language added to a policy, or lower coverage forms (basic vs special), or lower coverage levels, added onto clients that use price as their #1 differentiation in insurers. 

At a very simplified level, assuming we have to put 20% down for bank financing, that gives us firepower to buy properties between 150k-200k.