Key Takeaways
- Average eviction costs $3,500-$7,000.
- Deferred maintenance is a false economy.
- Budget 10-16% of rent for maintenance + capex.
- Transition to professional management at 8-10 properties.
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Test Your Knowledge
1.What is the biggest financial risk of tenant quality issues?
2.How can BRRRR investors protect against tenant risk?
3.What is the average turnover cost per unit?