This is more a function of contractors/crews than money.2.  

They have a combination of in person and online training.  

All the while, you are socking money away for down payment on the next one, or to combine with the cash you take out of this first one for the next one.

If you're going to combine it with traditional financing, remember that lenders don't want you borrowing your down payment, so you will need to still put down 20% or so of the purchase price IN CASH, with "seasoned" funds that have been borrowed or gifted in the past 6 mos. 

I have either widened the area till I find houses that match or used a combination or Zillow's estimate and the counties estimate to try and figure it out.

For instance, motion detectors, window/door magnetic switches, glass break detectors, security lighting, timed interior lighting, interior/exterior cameras, backup power, etc can be combined to the extent of your preference and budget.

Photocopying is performed as part of the admin function and you are not going to know upfront before your case is started how many sheets of paper need to be copied so you can recharge these to a client at X per sheet.

Hey ChaimRepairs/Maintenance are accounted separate from the CapEx allocations when I underwrite....not sure if you were combining the two or if I may have misunderstood your statement.Anyhow...the reality is the Maintenance/Repair percentage is more than likely somewhere in the middle of the Seller's reported 2% and your projected 10%, but as Brie stated, it really depends on the condition of the property, how diligent maintenance repairs have been performed and the quality of the tenants in the building.Good luck!

I wouldn't want 10 properties valued at 50k each that combine to cash flow 10% a month.

And there was some interest in it like that but we ended up making more by adding that value and making it more functional.