@Mamie Phillips I don't really invest in rentals at the moment but I do know hoping for application is not a strategy.

What would you say were the most significant applications in your life from what you've learned?

After speaking to City of Rochester rep Liz and Jennifer; they state:* All Inclusive Service (Trash container, Recycle container, Bag on Side, Couch, etc) with out notice or additional charge.* Do not have a service agreement which does not tie you into any length of time. * Rates with them have been stable over last 6 years.

I'll be checking the applicants work and personal references.

Hi Duncan -I'm pretty savvy about big data and its applications.

They have no idea going in what will be needed and what escrow will charge.

The most important data point that you have left out is the rent you will get per month.Normally, know the rent that you can charge before you even make an offer.

I think I'm going to call the "for rents" nearby the property to see what other owners are charging and what they're doing for renter's insurance.Thanks to everyone!

I am out in oregon if anyone else has any info and that helps.When a bank does an appraisal I assume thu charge you for it?

In my experience 50% of the work is finding the property and 50% is getting it to settlement.Special circumstances can be difficult to get to settlement and so anything that's an estate, short sale, multiple owners etc. is worth more than average.For me (and I can only speak for me ever), I charge 3% for the whole shebang.