Expense question

[David O.]

Hi There,

I am working through some due diligence and I am wondering if you guys use any percentage of rent as a hedge against evictions? I plan to properly screen tenants so I guess I am just wondering if you guy factor that in as an expense as your working through your numbers?

Part two: In this specific deal I am looking at doing a rehab. It would cover most of the basics floors, paint, appliances, new toilet etc. What do you use for an ongoing maintenance number and cap ex number?

Thanks!