Having multiple units to help mitigate a vacancy and still pay expenses is what drew me to this type of investment.

Based on our average rental rate across our portfolio, the 8% monthly fee comes out to less than $5 a day. 

I am currently in Arlington, VA (DMV area) where housing prices are pretty expensive. 

Here's the breakdown of our project:Acquisition Cost: $1MBuild-Out Expense: $1MFinancing Overhead: $200KProjected ARV: Around $3MEstimated Profit Margin: $500K to $1MTimeline: 9 monthsWe are raising $500K from equity investors and taking on $1.5M in debt.

Rumors in the area are that insurance companies will be pulling out and I will be stuck with the expensive, minimal government insurance.  

Your expense is magnified due to the unpermitted garage.  

He's unresponsive, and we have monthly reoccurring expenses as well as one-off expenses that I am getting stuck with. 

They have received extensive and very expensive training.

Lake Anna, Va.Cap rate: 10.32%Average gross rental revenue: $64,121Median sale price: $405,5002.

In New Brunswick, Fredericton is the most expensive city at the moment ... both vacancies and inventory are low; making prices high.