I don't like using percentages for those numbers because a house renting for $1,000 is going to have the same (or more) capex and maintenance expense as a house renting for $2,000 that's the same size/age.Vacancy you are usually good with 5% and property management will be 8-10% depending on location/rent of the house.If you are new you will likely have an inspection contingency with your offer, so you can re negotiate or back out of the deal if after the inspection things aren't looking as good on the property as you anticipated.If cash flow is your main focus though, you may want to look at multi family over single family.

It used to make a good 20-40%net more then LTR but now it’s pretty much a wash and not worth the extra work at all. 

That's usually how the tax structure is as well.  

The flippers don't usually include those things in their pro formas.

@Gary TucciHey Gary, for most rental properties I usually recommend holding them in an LLC for liability protection and ease with multiple properties.

When comparing areas, put extra emphasis on school district-- because trust me, it matters!   

Or, do you think it would be better to just make the minimum payments, save the extra cashflow to invest in other ways, and just pay the extra interest, closing costs, and likely higher interest rate in 2031?

Here are a few brainstorming ideas:Outdoor LivingMust have potential for high-impact features like fire pits, hot tubs, dining areas, or outdoor games to significantly boost appeal.Views & ProximityProperties with desirable views or close proximity to water, nature, or main attractions offer an enhanced guest experience.Premium Interior FeaturesPotential for dedicated game rooms, high-speed Wi-Fi, or comfortable dedicated workspaces to cater to diverse guest needs.Easy ParkingAdequate and convenient parking for the expected guest group size is critical for convenience and securing 5-star reviews.Garage to Game Room ConversionIf driveway parking is plentiful, converting a garage into a functional game room or extra living space offers amazing added value.Noise & Light AbatementEnsuring quiet enjoyment of the property through noise reduction measures enhances guest comfort and prevents issues with neighbors.

Mailman may find a deal but wholesalers market and look all the time and they usually charge their fee and $500 is t enough for them but go to your local reia

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.