I while ago I read a post on BP about someone putting slanted drip pans under the sink so that if there is a leak water flows on the floor it is reported by a renter rather than pool and cause water damage especially in a second floor unit.

In my view, home supply has dropped faster than the number of these buyers has dropped, thereby pushing (propping?)

I've got 2 sales pending for clients right now that fit into that 2% category, a duplex pending for about 70% of list after only 3 weeks on the market (because the listing agent screwed up on pretty much all the numbers, and everyone else is apparently waiting for him to drop the price before they submit an offer), and a SFR listed at $279,900 -- the only house for sale in a super-desirable little neighborhood of 36 homes -- we now have pending for $195K, but only because we were intimately familiar with and helped shape the story.As an agent, Yes it's my job to get my clients the properties they want, but it's also my job to avoid wasting ridiculous amounts of theirs and my own time chasing no-chance deals.

.- Tenants pay water/sewer/cable/phone/garbage/electricityReserves I Calculate:- 6% for vacancy. ($96 per month)- 6% for repairs. ($96 per month)Estimated property taxes: $1,462/yr.Estimated insurance: $1,482/yr.Lending Terms:25% down payment = $30,000.$90,000 @ 4% over 30 years = $429.67/mo.Each unit currently rented at $400/mo.

Electric , gas, water would run $150 a month in this area and lawn care another $50 so even if I had an additional 300 monthly in cost I would come out ahead but would have case mangers to help manage the tenants.

In any case, 50 cows will be eating a lot of grass and drinking a lot of water.

You could drop your manager fee to 1.5% or less at your own discretion, again it is all about what the investor is willing to sign up for.

The challenge is to avoid having the heating oil level drop so low that the stuff at the bottom of the tank enters into the heating unit, since this tends to cause trouble.Now, there are some other things a landlord should provide - manuals for how to operate any appliances, for example.

She and I are like oil and water, we are just fine as long as we are not combined!

Check to see if there is a water stain on the attic side of the ceiling before doing any repair work.