Quick question about expenses in analyzing

[Stephen McDonald]

The 50% rule covers expenses that are related to the property, not HOA, Property Management, or Debt expenses. Do those unrelated expenses get factored into the NOI?

[Brie Schmidt]

Originally posted by @Stephen McDonald:

The 50% rule covers expenses that are related to the property, not HOA, Property Management, or Debt expenses. Do those unrelated expenses get factored into the NOI?

 The 50% rule is just a quick metric to determine if it is worth seeing the property.  It has no relevance in the actual due diligence process and is pretty irrelevant in A or C/D markets