As a rough estimate, you can use 5-10% for a single-family home and 10-15% for a multi-family property or a home located in a rougher neighborhood.Operating Expenses: As a landlord, you will be responsible for paying a variety of expenses for each of your properties, which will reduce your take-home profits.

Caps are a wise way for clients to reduce risk in their investments.

If the work is not completed and inspected by you at that point you tell him you will close the purchase at a reduced price (cost +) and have the work done yourself.

If you can raise rents, manage it well, and reduce  any costs, in the future, then you are adding value AFTER you buy it.

However, that's not to say that some investors would choose to not share their experiences and ways to invest in order to reduce competition.  

Plus when you reduce it down it will be hard to read.

That'd be a mortgage of $1200 or so.... and if I can build some more equity into property prior to refi that should reduce monthly mortgage even more. 

To also explain,through personal examples, how anyone can push through the stressful anxiety of overwhelming drive to accomplish the steps necessary to transcend your dreams into reality.I am not a successful investor.....yet. 

Twenty-Five cents on the dollar that used to go towards paying off the original principal of your mortgage would instead go to the banks as pure profit. 25% of every mortgage payment in the country would go to the banksinstead of reducing the household debt of ordinary Canadians.And reducing the debt of ordinary Canadians is what the Government says they want and why they came out with this new Stress Test Rule that uses the Mythical Posted Mortgage Rate.Posted Mortgage Rates are a Rip Off used by the banks to penalize and trick Canadians and is now used by the Government to lower Government Backed Insured Mortgage Debt.This will not decrease ordinary overall Canadians debt.

Check out the link to the add on trulia below:http://www.trulia.com/rental/3241217254-781-Countr...I have reduced the rate from $1,600/mo to $1,495 over the last few weeks.