Validate the 50% rule
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The 50% Rule is NOT CONSERVATIVE – not at all. It is the average expense that a landlord will experience with a large number of units and/or a long period of time. It has been proven by many large studies as well as by Taz’s study – WHEN Taz QUITE FRANLY DOUBTED THE 50% RULE BEFORE HE DID THE STUDY (of 30,000+ units).
Finally, HUD owned properties have absolutely NOTHING to do with the rental business. HUD is NOT a business, they are a government entity. As we all know, government entities TAKE money from taxpayers – they are anything but a business. The one thing HUD specializes in is running drug infested slums – you can see that everywhere in the USA!
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