I haven't seen it reflected yet.

Inspectors have some pretty air tight contracts, but reflecting water damage if it’s in an area he can access would be pretty important and normal.

As for investing in an MTR in Austin, you've chosen a super cool town that is uber popular and the costs reflect that.

Method 1: You would execute via Sec.15 by giving a 30 day written notice to terminate lease and then draft and send the tenant a new lease agreement reflecting the new rent.

Obviously it varies year over year as it reflects the market.

My 'turn-key' property has racked up $12.2K in maintenance over 5 years, 33% of gross rent.After reflecting on the overall scenario, I realized that Mike didn't really care about providing me with a solid product. 

I am reflecting on the process and am trying to determine how I would go about this in the future.

WHO you buy from often reflects WHAT you're buying. 

Since the costs will be lower the asking rent can reflect that.

This reflects a balance of risk and effort.Tiered Split: You can structure the deal so that the investor gets a certain percentage (say, 70%) until they've recouped their initial investment, and then any profits beyond that are split 50/50.