This is after averaging out the costs of 1) roof, mechanicals, siding, flooring, etc. and dividing by their life span then also subtracting general maintenance costs (handyman type stuff frozen pipes, etc.) you see each year.

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

Purchase price: $245,000 Cash invested: $75,000Single Family Rental Property in Sunrise Pines Suburb of Houston, TX (77044)What made you interested in investing in this type of deal?

Typically we would make this type of contingency with a kickout clause...the time for notification and performance to remove the contingency. 

What made you interested in investing in this type of deal?

+Whether you are dog-friendly or no-dog lean into the preference because there are people looking for both types of units.

Advani advises on diversifying real estate portfolios, investing in different types of properties, and geographical locations to mitigate risk and capitalize on different market dynamics.The Impact of Economic TrendsEconomic trends significantly impact the real estate market, affecting everything from property values to rental demand.

What type of investment are you looking into? 

@Devanand Ramachandran It sounds like you should hire a local property management company that specializes in the area and property type.