With the average management company charging 10% of gross collected rents, that’s money that you are not paying out of the property as a monthly expense.

Please, feel free to leave any advice or feedback in the comments.Purchase Info.3 bedroom/2(full)bathrooms; 1,216sqr feet$197,000 with a fixed 30 year, 3.5% rate and 20% DP$4,000 in closing costsIncome Breakdown: $2,250/month      Average of $750 per month per roomExpenses: $1,804, We cover ALL expenses plus extra amenities $167/month combined taxes & insurance$225/month with 5% repairs & 5% cap ex$225/month with 10% vacancy(to cover our higher turnover rate)$50/month wifi$100/month cleaning service$100/month lawn service$200/month utilities$19/month garbage and disposalDetails$445/month Cash Flow12.31% Coc Roi

If your why is because you just love real estate, perfectly fine as well.3) Surround yourself by life minded individuals -You are the average of the five people you spend the most time with.

acrylic tubs last for 10-15 years on average. 

Stop and think about the difference between investing in either single family homes or multi-unit properties where you tenants stay an average of 2 years, you only need to collect the rents once every 30 days and maybe 1 or 2 times per year your tenant has some sort of maintenance issue like their water heater or garbage disposer goes on the blink.When you invest in airbnb's your cost to furnish them is higher, your cost to constantly rent them is higher, you may have 50 to 100 different tenants every year and you need to clean inside and outside every unit every time a guest leave.

building cost for single story 2 beds, 1bath ,2 or 1 car garage unit example our area ( between $100-$125 sqft /current lumber prices ) cost of building (not include land) of 4 plex, rent is about average of $1 per sqft/M Any feedback is much appreciated

I guess it depends on the average ROI?

However I think his goal of owning some rentals and since he is in OHIO which is one of the better cost to rent ratio areas of the country he is on the right track.. other wise income average into REITS is probably very appropriate for his situation.

On average, I am seeing $1k/mo in cash flow for a $250k-$285k property, thats a +20% return in the first year. 

What are your average days on the market for vacant units?