working as a server in a restaurant has never been about being a career choice. it is just a stepping stone. however, some waiters make plenty of money because of tips. an individual is the person who decides on their destiny. you chose if you will be a dishwasher for the rest of your life or if you will move onto to something else. we cannot save everyone because they make bad choices. choices have consequences.

I didn't include turnover individually, and just bundled it all under the 1% per year annual maintainance.

I would never take over tenant in place from an individual who runs their own rental.

This is my second member intro post, as the first had too many questions, which I'll ask again in their individual posts.

Rents would be based on individual rooms. 

Some people use the sq ft method while others might just estimate every individual job (floors, paint, cabinets, shower, etc).

I've heard from a lot of investors in this area that GC's (at least good ones) are impossible to lock down due to the nature of the market.I'm considering hiring individual contractors for all the different specialties, and trying to find a PM to oversee the rehab to make sure work is getting done.

I am sure you will get numerous hits.

It's fun and a great way to connect with like-minded individuals.

You will apply for the mortgage loan as individuals on the same application.