If there are any objections at the end of the deal, youve probably made enough cash to push some of it around to make everyone happy, without ever having to end up in court, etc.

I haven't had an objection yet but then, they don't have to rent from me.

So, it seems clear (at least to me) that true profit is gained from a property where the income from rentals amounts to more that all the expenses related to that property.

It should always be "working for you" in one form or another.When analyzing a deal, even a "deal you already own", in order to compare apples-to-apples, you should pretend you have a 30-year 90% mortgage, or pretend to take out a 90% home equity loan on your property, pretend to invest that cash in something relatively safe (or risky as is your risk tolerance allows), add the income from that investment to the rental income, and THEN see if it still positive cashflows.

But what is your objective?

you have to have an accurate rehab estimate, and the total (purchase+ rehab+ holding/marketing) has to be figured relative to a reasonable sales price.

Property taxes and upkeep costs cower in relation to possible gains, even if just looking to flip.

people love talking about themselves and things that relate to them.

Hand out objective, written information on a listing or rental;20.

Some differences I've seen are related to water heaters: some cover for "sediment" damage, others don't.