Any thoughts on a break even property? 

The states that I know require you to try to mitigate your damages if a tenant breaks a lease early.

We've seen quite a few folks come back after a break — and when the vision's there, things move fast.

Hi everyone! I’m Elizabeth, a Physician Assistant from Maine, diving into the world of real estate investing. I’m starting my portfolio here in Maine with plans to eventually branch out to other markets—especially int...

As a LTR it barely breaks even at 7.25%.

If you're aiming for really detailed budget-vs-actual tracking for individual repair categories, breaking down receipts can be extremely tedious.For example, if you buy toilets, doors, vanities, trim, and paint all on one Home Depot receipt, those five items technically need to be categorized separately (plumbing, doors, bathrooms, woodwork, interior painting).

Takes 45% in most of those cities to break even.  

The PM sell it to the tenant as a service, but these are things the PM should be doing anyway, like fixing stuff and being avail when things break. 

Ideally, I was trying to sell the first and essentially break-even selling the second by utilizing the funds from the first for anything due at closing. 

It's called Spring Break.