1. For "gross rent" in your calculations, do you assume a full 12 months rent to get that number, while allowing for vacancies within your 45 - 50% expense estimate OR do you presume a vacancy rate to calculate "gross rent"?
2. How do you allow for the security deposit within the 45 - 50% expense. Assuming that damage isn't major, the security deposit would help to reduce this burden, no?
3. Do you find that the 45 - 50% figure holds true at different price ranges? Median priced versus lower priced properties? I would suspect that landlords of median or higher priced properties might not have some of the issues that lower priced properties and lower quality tennants could present.
4. Has the 45 - 50% rule held true throughout your experiences or is it a worst-case scenerio allowance?