If their gain was more than $500,000 on this portion, the cash proceeds would be reduced by the capital gains tax on the excess amount.

.)- lawn care (especially on multis)- snow removal- pest control- any damage in excess of security deposit- lost rent due to eviction- eviction costs- other legal costs- accounting costs- major capital items like furnaces, roofs, sewer lines.Don't fall into the trap of trying to break these all out for your analysis, then trying to squeeze each of them down.

Would it make more sense to remove it completely and eliminate $700 of excess insurance?

Having read a summary, and THEN started the book, it seems like Hill inflated a bunch of obvious ideas and characteristics and coated them in a syrup of mystical thinking and excessive, sugary words.

Here is some language from the one we are using:2.The entire proceeds of this loan are to be used for a business purpose and not for personal use and the property will be rented for a period in excess of 12 months.

This value of the house in excess of the amount you pay is a gift.

For an investor with some experience and local knowledge, I agree, a buyer's agent is not needed or even helpful (at least in excess of their commission) most of the time.

If the insured does not have sufficient personal liability insurance in excess of $300k and a $1 million dollar plus umbrella policy or if the insured lives in the property a more robust DP policy will be in order along with the umbrella and flood policies.Individual HO-4 policies will be needed for each tenant but that is the responsibility of your tenants. 

Though I may add that in some jurisdictions (here being one of them) you are not allowed to request/collect a security deposit in excess of one months rent.

I have seen limits on repairs in contracts, so anything in excess of $250 has to be approved and multiple quote provided.