My market has a low vacancy rate.  

This helps you avoid vacancies and turnover costs.Other Revenue Streams→ Implement pet rent or additional fees for amenities or services (like parking, laundry, or appliance rentals).

I'd probably use local realtors to help re rent any vacancies and then possibly use a PM software like rent redi to keep everything in one place.Has anyone had management in place and then decided to opt out to self manage?

-There will be zero vacancy from my perspective as a landlord.  

I would say you would want at least $10,000 in reserves in case there are vacancies, maintenance issues, etc.

And make sure you remember partial back payment is better than a cleanout and vacancy bill.

I suspect low vacancy, decent screening, no bs with tenants, and luck have all played a role. 

300k - 5% down at 7% yields about 2800 mortgage, PMI, insfor easy number after reserves for cap-ex, repairs, vacancy, water/sewage - $3800I do not plan to live in the property.

You'll also want to up the budget around 90-120k for single families and 140-180k for duplexes otherwise you'll either be 1- in really rough areas that nobody wants to rent in. high vacancy, crime etc.

Hello,
I’m reaching out regarding a unique listing: an 11,000 sq ft historic building located just one hour north of Atlanta in North Georgia. The property features two 1,400 sq ft suites on the main level (one curre...