1% rent ratio equals 6% return on a cash purchase (12% gross and 50% expense).

After reading Discipline Equals Freedom by Jocko, I cannot view sleeping in the same.

We were expecting to replace our MA triplex with another triplex or quad in Raleigh, but we quickly realized that houses here are a lot cheaper compared to those in Boston, and for 1031exchange we needed something of equal or more in price range comparison.

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

Let's say it's $36k, which assuming 40 hours per week x 52 weeks = 2080 hours annually => $17.31 per hour.If we ignore the PMC's operating expenses, that $80/month you're being charged equals $80 / $17.31 = 4.6 hours per month a PMC can afford to spend managing your property.

Even making written demand for rent subjects an owner to penalties equal to the greater of 3 months of rent or $3,000, plus attorney fees.

Most of what I read has been that they are equally transferable.

Sell them when values are at least equal to or greater than replacement costs.

That reserve can grow to 15% or 20% if one of the utilities is not turned on and/or structural work is being done; you can finance up to 6 months of house payment into the loan as well if you wish given it may be months before renters can move in and you can move in so the 6 months of financed payments is a nice option; you will need at least a 680 middle credit score these days; a 3 or 4 unit will need to meet what's called the Self Suffiency Test- that is total of all projected future rents taken at 75% of gross must at least equal the total house payment, you can include the unit you will occupy to meet this test though.Example: Buy at 100,00 and add in 100,000 for rehab + 10% Reserve of 10,000 = 210,000 then 3.50% down payment is 7350.00 with mortgage of 202,650.

You're CapEx and Repairs expenses are equal to ~25% of rent.