When all systems have been renovated properly (no cutting corners), it doesn't seem to cause any more upkeep than other rentals I have that are younger in age.

You will also pay insurance, property up keep, utilities, plus figure for vacancies.

An inspector is good but the engineer will carry more weight.

Also interesting to note is the NAHB arrives at their figures by applying different weight to different classes of properties.

Hello @Sarah Settle, I actually ended up keeping it as is since I plan on performing a 1031 exchange on the property.

Do do this, the hatch has to have a little weight to it.  

That would represent a 2% to 4% risk premium over the REIT after accounting for the move favorable tax treatment with direct ownership.I'm looking at 2-4 unit multi-families and I'm not giving any weight to potential appreciation.

If you have a great pool guy it can be rewarding, but you also have to pay for the upkeep of pool if the home is on the market for any amount of time.  

Maybe you'll get enough data where you can do a weighted average.

From the sponsor's 50% will be taken all the money necessary to pay for property tax, and all maintenance charges and general upkeep.