Even if you don't use property management you should still allocate 10% of gross rent as an expense because you will be spending your own personal time managing it.

For those that doWhat specific duties do you find are the best to allocate to a VA?

My suggestion is to make the home as attractive as possible within the budget you allocated.

The septic was included in the repair costs and we allocated about 40K for that alone.Thomas Quinn Thanks for the assistance on this, like I said my agent has spoken with others in the area they keep referring to a 4 bedroom close by (one of the only 4 bed houses on the market in the immediate area) that is under agreement at 320k with less sq. footage.

By cash flowing $100-$150/door I'm talking about after all expenses and reserves allocated for CAPEX (50% rule)Example: $1000/mo gross rent$500/mo (50%) exepenses/capex reservesMortgage of $300-400 for P&I leaves a true cashflow of $100-$200/mo

That's a chunk of change that may be better allocated towards a property.

It is a form of price fixing and market allocation, often practiced where contracts are determined by a call for bids, for example in the case of government construction contracts."

Hedge funds, after all, charge 2 and 20 and still make their investors a healthy return.The main thing to be concerned with here, with this or any investment, is if you are considering all of the costs of the investment and if you are allocating risk properly.

Tax credits are allocated by the government, it's like a coupon, you buy a 5,000 tax credit for say 3000 and turn it in with your tax liablity and get a credit as having paid 5000 on your taxes.

On a pro-rata investment, the investor is a percentage of the entire fund and are allocated return based on the time and percent of their investment.