You could save money by doing the same thing yourself, plus you have to have faith that once you transfer money to them that they will actually transfer your funds to your lender.bond marketUsually refers to the daily buying and selling of thirty year treasury bonds.

If your investor you must save save saveMy overall point.

3) I'd go with Vacancy of 8.33% as this will mean you save up one month of rent every 12 months, 4) 3% repairs seems low, if it were me I'd at least bump it up to 5%, and 5) even though you plan to live there and self-manage there may come a day where you want/need to outsource management of your properties so it's usually a good idea to budget for management costs like @Doug Shapiro was saying.

If you have flexibility on a location there is almost always a home for sale for a similar price with a better assigned school (particularly now with the population aging/retiring and both parents of a child more likely to work).

My wife and I are in a transition period -- one in which I retired my decade-long business, became a stay-at-home dad for our 2nd child, and am now doing RE investing fulltime (managing my local properties and making good progress on remote-investing in other parts of the country).  

Hello Ive flipped houses for a few years and have saved up $250+k and am looking into taking my business more in the direction of the passive income strategy.

Perhaps you are thinking of the total additional cost for an employee (vacation, retirement package, paid days off, insurances, payroll taxes, etc).

They are comfortable with the extra bit of side cash so that by the time they retire they will have it paid off and then truly have a good steady income.

@Anna BuffkinGeez I would have just set poison out in secluded areas that they hide in and saved all that time and trouble .

I have consistent income for the past 2.5 years, money saved, as well assets such as an investment account which I hope can look convincing to a bank.