Maybe you could bump up the monthly fee to $100/mo to include the leasings.With 25 homes, that would be some really good money for a realtor/management firm that they may bite.

The magnitude of the loss determines how much your premiums increase so for a minor claim, there may not be much of a bump.

It is NOT based on going in with a bunch of deferred maintenance to the property.You might look at less of a percentage in maintenance costs with showing bumped up cash flow by the seller.Do not be deceived by this as the seller has let things go and patched things to increase cash.The problem is then fixing to be dumped into your lap.7% vacancy is very,very light.Have you looked at the sellers Schedule E tax returns??

It should cash flow $310 a month for $3,720 a year giving a CoC of 16.9%... not bad for a first deal :)Bank appraisal has it at $86,000 ($14k more than I paid) so this summer once I hit 2 years on my short sale and can go conventional lending I will do a cash out refi which should bump that number even higher (lower interest, longer amortization, cash out).

There could also be other natural or man made barriers ("north" or "south" of the blvd) that can bump the price of comps within your geographic limits.

@Sean D - I've purchased many, many subject-to deals over the years and if your concern is about getting sued later, it might as well go in the category of 'things that go bump in the night.'

I'll give this thread a bump since its been awhile.

Kevin Schulz Pros: commonly used accounting software Cons:2.5 star rating on AmazonCost: QuickBooks Pro 2017 web download 189.99, $45/month for onlineBuildium – Property management software“The current software I use is Buildium.com, the software is one of the more inexpensive softwares to get for your management systems at $40.00 a month up to 200 units and then the price bumps to $200.00 a month.

INCREASING PROFIT: I will bump rent to match so unit 1&2 and unit 3&4 are the same since they are the exact same floor plans.

I just wanted to bump this whole discussion to the top again because I'm seeing this frequently in my clients this year.The new Section 199A deduction (20% reduction in Business income) is here and with it this cool new tidbit.Your rental (yes yours!!!)