Property managers are more accurately tenant managers who handle repairs on request. 

So use a slightly higher expense ratio and your math should be a little more accurate when calculating cash flow.Also, we usually target buying AND rehabbing a 75%.  

On top of these very crucial items, landlords will receive an Income Insights report which analyzes tenant income based on their credit behavior, that way you can determine if their self-reported income is accurate or if additional proof of income is necessary. 

But like any where else, run and stress test your numbers to make sure they work.

Those numbers look ok as long as they are accurate.

I could nitpick on a few of the points in this, but overall it is accurate.  

It is very competitive and you have to act fast and have your investment criteria buttoned up and accurate.

That said, probably a good idea to get the gears moving again, even if the numbers im plugging in are not accurate.

I would advise you to disclose based on my knowledge as a real estate agent; lead based paint disclosures are required between landlord and tenant in all 50 states as far as I know.If you learned of the lead based paint from the sellers of the property (as opposed to purchasing it and then ordering lead paint testing yourself), the sellers might have liability to the tenants?

Professional tenants 'test' for these LL's and zero in on them.