If you are buying properties here and doing minimal repairs, just enough to get them rented, then the maintenance will eat all the potential cash flow.

General requirements would be 20% for a 1-4 unit property, DSCR of at least 1.00x or greater, and you can qualify with a score as low as 620.

Class A Locations Low Cap RateClass D locations High Cap RateCap rate is a reflection of the risk in the asset and market.

So, I have helped my dad remodel his house, helping with maintenance, doing repairs, helped close in the front porch, and built a new porch on the back of the house.

Taking the time to implement a comprehensive screening process can ultimately save you time, money, and stress by helping to minimize the likelihood of future tenant-related problems.Property Management Tips: Discover the fundamental principles of property management, encompassing a comprehensive understanding of handling maintenance, rent collection, and effectively managing and addressing tenant issues.

I did basic math and even on low number paying them would be around 10-20k out of my revenue and I don't think they are going to generate 20k more because of the areas/homes.

This would be nice but I would loose the property, the low interest rate, the buy in to this community and, most of all, the tie to the house.  

Hi Baskar,COC seems pretty low, but it depends on how you are looking to execute this.

Changes are low that you will be reimbursed for the damages and sounds like you can't prove that they occured with their tenancy. 

3) Nothing about process of how maintenance handled?