Interest Rate: 4.25%Years Left on Loan: 26Estimated Monthly Rent: $1,750Annual HOA Expense: $2,268Annual Taxes: $1,746Annual Insurance: $1,674My concern with the numbers above is depending on capital expenditure projects and vacancy, we may not be able to cashflow.

We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedCredit HistoryMany companies use credit summaries, but we find these rarely tell the whole credit story.

Typically, when evaluating and underwriting deals, we do not project a 100% occupancy rate to avoid overly optimistic forecasts that might result in negative carry post-acquisition.

But not for the appraiser. if it saves you the next 2 turn overs you already break even and you probably get get a little higher rent.

Let a man suffer from a genuine attack of "Charley horse," and he is lucky if he gets over it in a season, while it may cling to him through life.

Anything with a useful life over 1 year gets tricky

They will be responsible for 30 days of rent (counting from the day they gave notice) or a prorated rent until the new tenant takes over, whichever is less.

"Going to a classroom won't change anything unless the student takes ownership of their learning experience" would be something one of my professors would say and he encouraged us to be lifelong learners emphasizing the idea to continue reading books after college was over for us.

Their success rate is over  90% I believe.

Rehab went over budget.