I skip all that because I got gutter covers which you can get fairly cheap at home depot as I do not have time to be dangling on the roof trying to clean my gutters, because I some things I just prefer DIY, but this one I hated with a passion so I found a solution - gutter covers!

Mgmt: $235 (10%)Prop tax: $262.50 (Rochester NY has 3% prop tax)Repairs: $117.50 (5%)Water & Sewer: $120 (figured $30mo per unit)Insurance: $75P&I: $425.62 (30yr 4.5%)Misc: $60 ($120 month  for a gardening for 6 month season)Not including snow removal$2350 Rent-$1802.12 Expenses$547.88 Cashflow (with 20% down)Looking at the 50% rule you mention it would indicate that I should cash flow approximately $1175 if it was purchased in cash.

Go to Lowes or Home Depot to each department.

I also shop at Lowe's, Home Depot, local salvage stores, Craigslist, and everywhere else.  

I want to be in charge of purchasing materials, so I'll need to do some research on other specialty stores rather than sourcing everything through Home Depot and Lowe's.Next Challenge I Guess. 

As a gardener-a-holic and former landscaper, grass is cheap. 

One day last year, when I had my gardener cleaning my yard, the neighbor came and talked to my friend about the tree root problem.

We have a condo in Garden City.  

You don't want to sound like an out-of-state newbie to a local contractor, who very well may use your account at Home Depot to buy materials for other projects. 

We spent about $94k: new: kitchen, baths, floors, carpets, windows, lighting, HVAC, gardens front and back.