The landlord cannot charge you for the entire door.

I don't have any experience specifically with student rentals but wish you all the best!

Purchase price: $212,500 Cash invested: $50,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

Quote from @Zenna Weis: Yes, you can charge the tenant for the repair or replacement if they were the cause.I'm not a licensed plumber, but I have enough experience to believe this is an exaggerated case.

His current monthly Payment Breakdown:- Principal: $314.66- Interest (3.875% rate): $578.779- Escrow: $700.79-TOTAL monthly payment: $1,594.24Estimated rental income: $1.2k - $1.6k per month.Would love to somehow capitalize on the existing fixed rate, but at his current monthly payment and the estimated rent it doesn't seem like a great opportunity for cash flow.

They can be charging up to $6,000 a month PER KID.

What a cost segregation study does is it analyzes a property and breaks out the depreciable basis of the property to more than just building and land.It will try to identify assets that are eligible for 5, 7 or 15 year asset lifes which would be eligible for bonus depreciation.Whether a cost segregation study will help you depends on your tax situation.High level, it will help you in two situations1) Your rental property is active and you can offset the losses against other forms of income.2) You have a lot of passive income and you want to increase your passive losses to offset your passive income.Best of luck

We were planning to sell the property as townhome/condos but ending up selling to a Airbnb short term rental buyer.

I'm particularly passionate about Residential Rental Real Estate, but exploring other potential investment avenues.Outside of real estate, I enjoy playing golf and simple hikes.Excited to learn and connect with you all!

Purchase price: $215,000 Cash invested: $55,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.