How much are rent-controlled renters generally accepting as buyouts to vacate the apartments these days? 

I’ve been hearing from a lot of investors lately about how renovation costs keep sneaking up — whether it’s materials, labor, or even permit delays. For those actively flipping, this can turn a solid deal into a stres...

Quote from @Dawn Harris: @Andrew SteffensWe are fine with the regular maintenance charges for pest and pool but the other charges like drain and dishwasher or thermostat reset, these kinds we see almost every month.

Taxes: $40k annually Potential Monthly Rent Roll: $160,000+Projected Expenses: Property Management Company 9% of monthly rent: $16,000Monthly property maintenance, move-out & repair costs: $25,000Projected PITIA: $39,000 monthly Advertising, office supplies, etc: $5,000Waste, pest services: $5,000Legal fund: $5,000/ monthly  Monthly Projected Expenses: $95,000Monthly Projected Rent Roll: $160,000I'm sure I'm missing a lot.

Whoever has control, needs to work on making this happen.

There is so much incorrect or misleading with this post.Let’s start with rent control.  

I’ve seen quite a few investors look into working with Rent to Retirement, and while some have had decent experiences, others prefer to have a bit more control and build their own local teams.

Control is the most important factor, followed by leverage (equity multiple) and the ability to purchase below FMV. 

Quiet hours / noise control: Must comply with the county’s noise ordinance (example: exterior noise not continuously above specified decibel limits). 

The main upside is getting control of a property with little upfront cash or traditional financing.