I think you have a good hand of cards on this if all you state is accurate.One final note, if you have photo or video evidence of the condition of the unit upon starting, that too is one more feather in your cap.

Happy to provide you with averages for vacancy, what I use for maintenance, taxes, insurance and can even send you some videos on how to best estimate rent rate here haha! 

Because it's raw land...there wasn't much I had to do to it...but after looking at the local comps and how other agents were marketing properties in the area I knew that they were over pricing these properties AND doing a terrible job at marketing the properties with the descriptions & images. ( So I did the opposite by pricing this property correctly, Improving the images, making a video about the property and building a very descriptive ad copy.)What was the outcome?

All have different strategies, what type of property would be ideal for your situation?

Take a video to document if the visitor is staying overnight.

Palmdale homes are less expensive than Santa Clarita making them ideal for young investors.

Along with updates can you post pictures and videos?

And there was a YouTube video just posted this week called “Be Careful!

Other people on these forums would slit their wrists if the unit failed to provide enough free cash flow and they could care less about principal reduction and appreciation.The 5%/45%/50% figures I heard from Matt Faircloth here:  And Brandon Turner described expenses being about 50% for a rental property in this video, though he included vacancy as part of the 50%:And I agree that you can't lean on these percentages in making your final purchase evaluation; you have to have the final numbers quantified.

Ideally, we want to put as little down as possible to save some $$ for renovations.