Some examples include; market conditions; the location of the property; the demand for renting houses or apartments in that area among others.

As well, beware the inflated “average rent” stats in Padmapper because they include AirBnB listings...still good to use once u filter those out. 

I’m also in Montana, but own and self-manage properties in Tennessee that are 2 flights away.

These regulations dictate the impact of a property on the environment and can have significant implications for property owners and investors.Environmental regulations can include requirements for the management of hazardous materials, restrictions on the use of certain types of land, and requirements for the protection of natural resources.

The 38K includes, plumbing, electrical, water heater, and cosmetics.

@Russell PayneI self manage and meet all my tenants.

In this case, someone left a laundry set behind and you didn't provide it - you told them they could use it if they liked while it was there at their own risk and were not included in the rental.

You may never need it, but it's totally worth it when you do, so for us, worth including in our initial expenses. 

In order to determine NOI, do I include only annual repair and maintenance expenses or also a budget for long-term capital expenditures (roof, heating, etc)?

To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.