I think Zillow can get pretty costly if you're a premier agent.  

Then I either get better than average rents or I'll sell it.First I repair/replace things, if needed, that cause more damage (to property or life) if they fail, roof, water heater, plumbing & electrical... anything health and safety related. 

They walk you through it pretty well.

You got it pretty much covered

What I did not include were the legal expenses associated with two recent evictions as I figured that a 55.6% expense ratio would probably be pretty accurate over the long run.

Between 2000 and 2008, 5% - 7% was pretty common. 

I've listened to a few dozen podcasts so far, gotten myself pretty deep into a nice stack of books, and am feeling more confident every day about building my new business.

I am contributing my maximum to 401k with a 6% match and a Health savings account to use for doctors visits.

Hello, I am new to R.E.I , I'm pretty much good I Know almost everything, just one question.

For property management, which you might want to have if you manage your properties, there are some advantages (health plan, retirement plan) to have it taxed as an S-corp or C-corp, but it will be separate from your assets holding entity, and will not hold any properties or significant assets.Financing makes a difference when holding in personal name vs an entity.