I use the same 50% mark as a threshold for profitability, i.e. more than 50% of my units would have to be vacant at once before I would be dipping out of my own money (outside of the business) to cover expenses. 

Originally posted by Anthony E Russell:Check out a book called 'Creating and Growing Real Estate Wealth: The 4 Stages to a Lifetime of Success' by William J.

Mark Cuban, owner of the Dallas Mavericks says "don't talk to me about sports or anything else other than business."

@Mark Masiel thanks for the info !

Originally posted by @Anthony Welch:@Karlton Hoskins  Also, keep in mind that Georgia has 159 counties.  

He showed me the high water marks when the last hurricane came through and even some of the locations where the houses that had been washed away.

@Colin & Mark Yuschak,No matter whether you think it will be audited the home office should be taken since it is allowed in the correct situation.Mark,Is your person an Enrolled Agent or Attorney?

On the other hand, what if the profit ends up, for whatever reason, not covering the mark-up he would usually be charging for the job?

Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

@Anthony WickActually, my interest rate on the rental is 3.875%.