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Many new rental property owners overestimate the potential income from their rental property. They use above-market rents or underestimate the operating costs. They may develop
Many new rental property owners overestimate the potential income from their rental property. They use above-market rents or underestimate the operating costs. They may develop their estimates by anticipating virtually no vacancy, bad debt, or rental discounts. If you estimate the comparable monthly rent to be $1,800 and set this as the rent for your property, what should you use in the projected rental income for rent and amount of months? Select one: O O b. $1,700; 12 months O c $1,800; 11 months Od. $1,800; 12 months -p Kaur a $1,700; 11 months
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