Always include even if self managing) plus 1% for turnovers.5% Credit Losses (Uncollected Rent and Skips)5 - 10% Maintenance/Repair (depends on Age and Condition of property)5% Taxes and Insurance (Varies)5% Utilities paid by owner (Electric, Gas, Water, Sewer, Garbage)5% Landscape Maintenance/Snow Removal 5% Misc (HOA fees, Pest Control, Legal, Accounting, Advertising, etc.)5 - 15% CapEx.  

If the lease is a fixed period, say 1 yr, then its provisions control the tenant notice period and an early lease termination obligates the tenant to pay for the lease remainder time. 

This is a variable you can control, you cannot control motivation. 2) My time is worth more than $17/hr, which is why its outsourced and managed with the option to scale.3) We've invested a lot of money into branding.

One of the most overpriced apartment markets in the country is considering rent control, too?

Hello, I'm interested in owning rental property in certain areas of California where I see that there is rent control.

.- Buy some Technology - new devices or software.- Ask Contractors to invoice you NOW for work they have done or are about to do.- Pre-buy construction materials maybe even some storage to put them in- Buy tools for you or your contractors to use on a future flip - Hire an accountant to help with some of these ideas

AKA control freak

Furthermore, I'm eager and motivated to ditch the 9-to-5 along with that rough commute to spend more time with family and to be in direct control of my income. 

I stick with gas for cooking, as the temperature is more easily controlled.

This also yields tenants more interested in eventually owning a home ("well, we will need to buy a fridge in 3 years anyways, once our down payment is saved... may as well get it out of the way"), meaning they have plans to move out in 2-3 years, thus auto-solving my problems with rent control.