He sounds like the typical investor/developer who also has a property management company and tries to monetize his management clients by marking up jobs, exaggerating turnover repairs to take the security deposit etc2-Next property manager, put a clause in your agreement in big bold letters "Owners permission required for any expenses over $XXX" (usually $250-500 or 10% of rent)If you have any questions feel free to ask me.Good Luck

$40,000/mo.

Living and entertainment has become so cheap that society has been de-monetized.

We seem to find a way to monetize most things and our personal house is no exception. 

This is also actually a great time for "subject-to" purchasing which is an excellent way to monetize the current real estate landscape.

Of these, maybe 5% were possible investments.To update, we've got the 2nd property in contract (officially).Here's how the deals look :Property #1 - Purchase Price : $20kRehab : ~$20kARV - $65kPotential rent - $950 Taxes - $76/moInsurance - $85/moRepair escrow (15% of gross rents) - $142.50**********************************************************Net income without leverage - $7763/yrNet Income with 100% LTV cashout (5.25% @ 20yr) - $4523/yr19.4% COCROIProperty #2 - Purchase price $15.5kRehab - <$7500ARV - $40kPotential rent - $600/moTaxes - $40/moInsurance - $50/moRepair escrow - $90/mo************************************************************Net income without leverage - $5040/yrNet income with 100% LTV cashout (5.25% @ 20yr) - $318021.9% COCROI

I'm using the below to arrive at my monthly net cash flow number:+Rental Income(-) Vacancy Assumption = 8% of rent(-) Mgmt Fees = 10% of rent(-) Mortgage Interest Expense = 4% rate(-) HOAs = Actual(-) Insurance = 6.8% of annual rent(-) Property Tax = Actual per MLS(-) Repair/Maint = 10% of rent(-) Gardner = $50/mo= Net Rental Income(-) Mortgage Principal Paydown=Net Monthly Cash FlowAny input is very much appreciated. 

Animals increase risk but there are ways to mitigate that risk and monetize the animal, resulting in greater piece of mind and bigger pockets!

I knew soon or later they'd monetize that service and I get the best applicants from them as I don't do craigslist anymore after getting ghosted twice were crooks copy your ad with a much lower price and try to get the deposit from that person.

Monetary inflation:The Federal Reserve (Fed) can increase the money supply by changing the target fed funds rate, buying Treasury securities or MBS (Mtg backed securities) to lower rates. increasing the money supply, which banks can then lend to consumers and businesses.Debt monetization.