@Trevor Cox, I use 15% combined for repairs and CapEx (bump up for less expensive properties, may be able to lower for more expensive).8% for vacancy.

I use 8%.CapEx and Repairs, 15% combined would make me more comfortable.You don't have management accounted for (10-12%).

I think our issue might have been a combination of timing and how we're managing the single property I have. 

Here’s some details on the property:Property: Commercial Property (Shopping Center)Combined Rents: $26,000Combined CAM: $1800Loans: Property has a loan of $1.2mil with a prepayment penalty of roughly $700kANY AND ALL advice would be great.

The combination of BRRRR and self-management has been working for decades if not centuries - you are on the right track.The number of units you can manage will largly depend on the type of property and tenants.

I generally budget 10% vacancy, 10% management and then anywhere from 12-20% on Maint/Cap Ex combined based on the particular property. 

We operate in both Indianapolis and Kansas City which has a good combination of strong economic/demographic trends as well as good cash flow.

These strategies can be combined as well, i.e. $1mm via 1031 and $1mm through DST.

@Nick Ruffini, you can probably bring your CapEx and repairs down to 15% combined.

I’ve run across a plan that combines short term to long term.