Assignment:
Go to the web and Google other similar articles, and using those and this, answer the following questions in a paper format, making sure to fully explain your answers with details and examples if needed:
1. Do you think the expenses for a multi-family home(like a double or 4 family) will be greater or less as a percentage of income than a single family home? Why or why not?
2. What is the one expense you will have the least control over, and what expense can you control the most?
3. When calculating expenses on a rental unit, what do you personally feel is a good ratio and at what number do you walk away? What about the mortgage payment? How does that figure in?
Attachment:- Estimating Rental Property Expenses.rar