The first time I scheduled a meeting with the owner to discuss rental remodels and when I showed up for the meeting he across the street to eat and told the secretary to tell me to wait (on the phone).

Is there a source for the following data;  I am looking for the "norm" for the expense ratio (based on either GPR or Gross Income) for individually metered garden style apartments in the south east and the mid Atlantic (Region IV) : Marketing Insurance Janitorial Service Lawn/Snow Licenses Miscellaneous Professional Fees Accounting Legal Property Management Fees Repairs and Maintenance Resident Superintendent Salaries and Wages Supplies Taxes Real Estate Personal Property Payroll Other Trash Removal Utilities Electricity Fuel Oil Gas Sewer and Water Telephone Other (whatever I missed)

If you anyone local is will to talk you can reach out and I will give you my personal cell phone.

A repair here, a fix there, I thought. 

--details on income and current situation - income wise i make at least $1,000 every two weeks from my current job.i have, in my opinion a great situation, i still live with my parents however all i have to worry about is paying my phone bill and insurance while bringing in some food on the table, so im grateful for my situation so far since it allows me to save as much as i can.#1 - since i have a place to live already, would it be wise to get a duplex (or better) and just be able to rent all the rooms out?

Or 700 hrs of both is us combined.He did lots of paintings and repairs as units became vacant this year.What activities are qualified?

The 19%  repairs cost irregular as well as I had a tenant in the unit since 2015 who moved out in May, and the unit had last been renovated in 2013. 

Hi Katie, if they own it outright they could get a second on the home and you can use the money for the repairs.

That's assuming 10% management, 5% vacancy, 5% repairs, 5% capex, mortgage, tax and $1700 per year insurance and assuming you put 20% down so no PMI

I want to be as accurate as possible on my repair prices.