You still have 10% property management, 10% repairs, 10% capex, taxes, insurance, etc.

@Brandon Turner No hard and fast rule as this is dependent on your lender, personal risk tolerance, market, property type and tenant quality (among many things). 

Turns out, the appraisal came in at 750k after repairs!

It is recommended that a licensed electrician be contacted for necessary repairs."

We all know that we are paid by the value that we bring, so focusing on being a quality agent is key for me.I've found a way to get addresses for entire neighborhoods in Lexington county without paying for them.

Just quality networking.  

I assume 5% vacancy, 7% repair costs, and 7% capex. 

there are no repairs needed on it and it is move-in ready.

A good association will plan for necessary maintenance and repairs and try to keep any additional assessments to a reasonable level.

Now granted, I plumb and wire to code and since it was faster and easier to do it myself, I chose to do the electrical and plumbing.If you have the energy to do 30 in a year, you would make far, far more money with less taxes buying Subject To and selling to tenant buyers who give you 10% down and do the repairs themselves.