The rest plus other unit rent will provide for vacancy, repairs, capex reserves plus cashflow.It is located in Riverdale, owned by a long-term landlord looking to retire.

Let me know what they have cooking next time you chat with themJust got off the phone with Gary V.  

The owner YTD has done $3500 in repairs to heating, electric, and gas utilities.

I checked out the house, made the repair list, passed the 1 or 2% rule - now for the business end and completing contracts.

Ignoring that for a second we need to knkw the repairs to make it top notch’s.

I stayed on the phone with them for 5 minutes to long today and all in all came very close to signing up with these guys.There are testimonials of their success stories and undoubtedly there are people on here who can succeed with them.

I am estimating about 15,000-20,000 in repairs. 

Commercial purposes  (trade or business) would be running a massage salon or repairing trucks from it or the like, with associated use of the common property by multiple customers in a business open to the public.The attorney did not feel that AirBNB necessarily went against that. 

-Make sure you have some kind of phone number local to area.

Looking for advice on COLLECTING REPAIR COSTS from the tenant that are incurred DURING the tenancy.