If I were a betting man, I’d guess that opex would be closer to 50% given a lot of expenses are fixed (lock change, carpet cleaning, owner paid utilities, appliance repair, just to name a few) regardless of a unit renting for $500/month or $800/month.

In Texas, NON-Realtors like myself, CAN use the contracts that Realtors use, and I usually do.Once you start doing a bunch of direct marketing and driving for $$ you will have to get familiar with contracts and the whole closing process.

So it looks like he has 2 causes to cancel contract, 1) Seller cannot deliver Marketable Title and 2) Bank rejected the Application due to length of time.While he can't actually buy anything because his deposit is locked up, he needs to see what is available so he can make a decision on if he should stay in this prolonged Contract or cancel it and go on to another property.So he wants to submit a non-binding offer to purchase but cannot go into contract because he has no money for a down payment until the previous down payment is returned.HOWEVER, it seems as if the original Seller's Attorney wants to use this to claim Breach of Contract?!

I have a degree in Supply Chain Management and do some logistics work for a non-profit in my area when I'm not working in real estate.

I am moving towards putting up curtain rods and inexpensive curtains though- I feel they hold up better, I can wash them (if the tenant didn't) rather than dealing with the utter pain it is to clean miniblinds, tenants seem to like them better, and they look a whole lot nicer. 

I'm a believer in clean and updated kitchens attracting better tenants and buyers, so I find good appliances to be worth it. 

A flip is just like cleaning up after a really bad tennant lol 

Although guests are supposed to keep things clean and to report low inventory/missing supplies . . . we don't find that to always be the case.

Supposedly non-recourse, fixed rate, 10+ year loans. 

@Danny Randazzo  Comment above was that it was an irritation to see the PM get paid more when a tenant non-renews, than if they renew.