., 1 driveway, 1 porch, 20 windows... whatever Capex you anticipate doing while you own it, and total that up then divide the number by the number of months you plan to hold and use that as your Capex allocation instead of a percentage of rent.

I've rarely seen solar systems reach break even, so you'd likely be better allocating those dollars to some other improvement.

Yes, I handle all the book.I was a Controller for a firm that focused on Shopping Centers so I am familiar with it allocating.

It does not have to be one property and you can allocate the $165K in any way you want.So one strategy would be to purchase two properties - one for $125K cash and use the remaining $40K to purchase a $205K property with 20% ish down . 

That money is now being re-allocated into our investment account for our next deal!

With 12 properties I don’t want 144 $40-$50 checks (or even that many electronic drafts) that I then have to allocate to the correct property’s Expenses, per year. there might be a $5/mo savings for paying annually but I’d do it even if there wasn’t. 

@Steve Hall I’m hesitating because I don’t know what the worst case scenario for s foundation issue like this would cost and I want to be able to allocate my savings towards health insurance/gearing up for my 2nd investment property, not recycling it back into this one.

When I asked them why allocations for property management / monthly maintenance fees aren’t in the pro-forma, I haven’t heard back from them since. 

Is the proper allocation of these costs $25,000 per unit since each unit makes up 25% of the gross leasable area and the owner is not able to recoup the 25% from the vacant unit?

Looking for feedback on best allocation of capital.