[quote=spdrun]I was thinking more like 10% in the real world. I guess water really is the 1000-lb gorilla in the room, at least as far as Phoenix goes.
If there’s no HOA, would I actually give a aerial wank how the tenant kept the lawn?[/quote]
You never know. I’m the last person to ever tell you that it matters what the house looks like, except to the extent that it affects value. You could get lucky and get a tenant that likes and cares about the yard. Or you could get one that doesn’t give an aerial yank either (I love that, btw). That tenant is likely to stay a shorter time too. And when you have to release it, what it looks like DOES matter. So you either have a harder time re-renting it, rent for less money, or pay through the nose for instant landscaping.
I just did a little math. I’ve collected over 30,000 months of rent in the last 20 years. If there’s one thing I’ve learned, the unexpected WILL happen.
