Other homes would be expected to be in the $70,000 - $100,000 range for these same components with the balance of the mortgage held by a bank.Below are actual revenue, expense, and NOI numbers for this home which we would use as a model for further acquisitions.Property Management is high, it costs a bit to manage the placement of multiple tenants, handling of disputes, and collection of rents as well as mange the cleaners, landscapers, and handymen.The 2.5% for maintenance, and 5% for capital expenses would be variable but should not be much higher than 5%.

One of the key components in the B of the BRRRR is buying a deal at a discount.

Yes, I replaced all of the old carpeting with new carpeting or other flooring materials.

Who pays what, who can live there, what happens in a fire death divorce disaster, marriage, when can you sell, who decides on tenant or the contractor to replace the roof, how long will you be partners, what is the exit plan? 

He did that, moved, and the replacement tenant moved in 3 days later with no vacancy.

QuestionGiven that we're tearing this down to the studs, and the fact that I will be responsible for the demo (not the contractor), I'm worried that the test did not include any samples of the drywall or the drywall mud/tape which we will be replacing and can very well have ACM . 

Generally speaking, repair is fixing something and improvement is replacing something.

I have a couple LTR/SFHs that I am carrying a Landlord policy on but recently my HOI carrier quoted me ACV instead "due to the age of the home".  I've done some research on the differences, but wonder from this amazin...

The system was replaced in 2018 (not by me!)

There are products called First Lien HELOCs that replace a mortgage.