Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Saying a home is totally rent ready and when we inspect it we find it has no windows and all the electric is missing.

Totally agree ....there are deals but they are hard to come by down here. 

Say i buy a property for 40.000$ a duplex. 4 rooms in total rent it out for 500$ a month.

If you are happy with an annual lease, that should be a pretty safe bet in most places, but if you're talking about short-term rentals, make sure you're somewhere between Kissimmee and Davenport in a neighborhood that permits it.

Surprisinglythe clearing vendor and the bill was totally different.Tenant Replied: Sorry to let you know this but again the carpet cleaning invoice provided is not having the invoice number, provider name or their address.

Even a 1500 sqft house will bring total costs close to 500k.

I guess a lot depends on the value of the lot the house is on relative to the total price of the house.  

In this case, if we wanted to do separate projects, assuming the assignment of the equity and total value would be  ;Me: (0.64 x $7.5M) = $4.80 assigned value and (.64 x $2.5M) = $1.60 assigned debtPartner: (0.36 x $7.5M) = $2.7M assigned value and (0.34 x $2.5) = $0.85M ***. debtIn this case, or in any way to meet the separation or new projects objective, can wedo the following?

How you should be underwriting capex is take each major item like the hvac and calculate its useful life and how much it costs divide how much it costs be the number of months of its useful life left and that’s how much you should be saving for that item do that for every capex and the sum them out for your total capex per month you should be setting aside.