You are right Simon, they are all Socialists.They have really wierd stuff in here, I pay socialist taxes to cover healthcare and it costs less than a private healthcare insurance in US.The health cost per capita in US is the highest in the world because it's the best.My wife had to go to the hospital 3 times and did not pay a dime, while sometimes with private insurance you still have to pay a flat fee each time you go there, crazy socialist stuff.My buddy in US had his wife and daughter seek treatment and spent thousands, almost went bankrupt and started smoking, but he likes it.

@Manny Cirino I charge 1.5 points flat rate with a $1000 minimum.

I have been using the BP tenant screening recently, and I'm very happy with it.

Although we did get more rent for the properties, we still lost at least a month of rent each time screening applicants and doing light cleanup/touchup to the units.

I charge about 10% late fee after the 5th of the month. and a flat rate fee each day after.This month I still haven't recieved the rent.

If you screen you tenants carefully, you won't have as many evictions or much property damage.

I was flat out told that I could not qualify for a loan on a building with more than 4 units without 2 years of landlord experience.

At a flat 8% the average turnover would be just over 17 units per year.

I'm under contract for a 2 flat in which I am having the plumbing redone (stolen copper pipes) and planning to make sure the front and back spigot are plumbed one for each unit.

Here's a screen shot of my spreadsheet.