Account for repairs, vacancies, property management, and capital expense.

If you accept, the entity that you are requesting information from has 30 days to comply and fulfill your request from the date all monies are paid and you have answered any/all questions they have about your request.If they deny your request, you are more than welcome to submit a modified request.

Think all the expenses and potential income of the property.

Your operating expenses appear to exclude property management, which can be 8-10% of your rental income.4.

My debate is this.As a general statement the rental property cash flow here in Los Angeles is VERY challenging to find.I am looking to buy a property with a detached garage and convert into and ADU for helping to offset to mortgage.Crunching some numbers up on $1M property with and ADU assuming (rough numbers) main house brings $5,000 and the ADU $2,000 I’ll still be negative in the deal after all expenses (vacancy, capex, repairs etc…)However if I will use it as a Sort Term Rental it will be cash flowing beautifully.What’s your take about buying negative cash flow long term but counting on AirBNB to bring in the positive cash flow?

HMMM, that is way over the true value, again this post is making less sense,   the purchase price $165kClosing day I paid $51,290.22I paid for HVAC $12,000The expenses on 2023 Mortgage, electric, appliances and everything $23,806The expenses on 2024 until now for changed all windows, fixed hand rail, step, basement leaked electric panel, mortgage, electric and everything $20,777.38the mortgage balance right now in my account is $119,000someone offered me $120k as is.I got all paper and proved of everything.

Based on geography alone, I am sure Philly has a very long, difficult and expensive process involved in removing these people. 

As pointed out above, I don't thing that you are including all of the expenses.

Just because it's expensive doesn't make it good. 

How do they get paid back?