Hello all, again! Thank you for those who helped me out with the great information for my first post I will 100% be using that information to further my research. I have another question though:
When determining a rental property, I am predicting 10% of the rent for vacancy and 5% for repairs depending on the condition of the house. I feel like these numbers are really messing with my cash flow prediction because it is costing me up to $200+ between the two. I am afraid that these numbers may be too high. Are these accurate percentages to use when determining a rental property? Or should these be lower (or even higher)? Thank you all!