Dawn I would say the rate is high because of this:"Bank will do the deal at 15% down and 10 year fixed 6.5%"Only 15% is being put down instead of 25 to 35% the typical bank is asking for.So they price potential of default and all the other factors with appraisals and equity spreads into the rate.For much larger down the investor on the loan will take a much lower rate if it is a premium property.Less risk-less return is almost tied to anything.You need to go back a few years at least.I like to go five to ten and see how much insurance and property taxes have risen for that property on an annual basis.If they have not risen and stayed flat or went down I find out why.Could be a mistake on the city or counties part and it's fixing to go up or could be a temporary assessment relief program etc.The point is if these sharply rise in the near future it can throw off your projected numbers.I would try to fight the property tax if comps support it and get the taxes lowered to increase your bottom line.Regardless of age if you mishandle a a property (even a new one) and get crap tenants in there your maintenance costs will be huge.I have seen the wrong tenants DESTROY and brand new looking apartment in a matter of months.They also created a bug problem for the other good paying tenants that kept their place clean.With my buildings I have it in the lease that we do unit inspections every few weeks and if they do not keep the place clean then we evict immediately.When tenants apply we find when we say this upfront it gets rid of the deadbeats wanting to live like slobs,have unauthorized pets,and have big parties that trash the place.When factoring repairs is this property local to where you live??

HUD didn't mention that at all in the report (now I always check behind the panel in a house before I make an offer, HUD or not).

He's essentially saying output will stay completely flat minus the effects of inflation?

I guess I'd feel bad for them too, if it wasn't for the 2 big flat screen TVs that great you when you first walk in.

In addition to the issues already mentioned (chinese drywall, wood frame), flat roofs, aluminum wiring, window unit ACs (istead of central AC) can all create problems in getting insurance here.

Luckily, we did, because we also found another spot that was really weak and we would’ve been hosed.Pipe:4” PVC main line / stack.Floor drain 3” Kitchen drain, washing machine drain 2”Tools used:Jackhammer, pry bar, dead blow hammer, air nailer, respirator, earmuffs, goggles, safety glasses, scrapers, chisels, shovels (round for digging, flat for filling/cleaning floor), tub for mixing concrete, a ****** trowel.Have a 2 x 4 on hand for the concrete repair part.Tips: use spray paint to mark your path during demo… it’s easy to fall off course.

Use a flat-fee broker and list on the MLS for $400.I don't see any reason to pay 3% to a typical agent who is just going to list on the MLS and maybe send an email or two.

If you think Realtors might have buyers who want your properties, and you are willing to pay a co-op fee to them, why not just list your properties on the MLS with a flat fee service for a couple hundred bucks?

Could be a panel discussion or just open discussion.

Property Management is charged as a flat fee of $100 in my area.