Credit utilization is also a big factor.

Hi Nate, I would just factor this into your expense costs, 5% would be reasonable.

It all depends on multiple factors, such as: the operator, the market, the deal, as well as the cycle stage a specific market is in AND the asset type.

I put a 20% vacancy factor in because of turnover.  

This is the key factor that makes a situation a potential deal. 

That's how we originally started looking at investments but as we got into it more, we made a goal of how much cash flow we wanted long term and then made a spreadsheet to calculate how many months it would take to get there, changing different factors like down payment amounts, cash flow, etc. to see the effects on the timeline.

Personally I make decisions without factoring in the tax benefit or appreciation and consider that gravy as it can change year to year, but I do think about it. 

CPA fees internalize many factors. 

.- Personal Articles: Coverage for belongings that have a special or collectors valuesuch as Jewelery, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report)It is not your credit score but generally better credit will result in a better score- Time at your job- Education level- time at current residence" Good Luck

Trust me....been there, done that.One expense Jaysen leaves out (probably because he is more experienced to the point it's almost a non-factor) is bad debt.