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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]People VASTYLY underestimated how much home maintenance costs.  And ignoring maintenance does not solve the problem.  So being able to afford your mortgage AND being able to afford the maintenance needed every 5 years is not always the same thing.  Some people think buying a new home gets them out of this.  But appliances almost never make it to 10 years these days.  And each home has thousands and thousands of dollars of appliances.

I've lived in my house 12 years and I've had to replace every single appliance in it.  Some of them TWICE!  We don't have much yardwork and I'm so glad because just the inside is expensive.[/quote]

Correct. One simple roof repair after a snow storm cost $4k (I just did it last week). It ate 2 monthly rents on a spot. In a rental you will have to replace appliances every 5 years if you want anyone rent it. Pest control call is $1k ; plumber call $200 for diagnostic only ; water heater replacement $7-15k . I can go on [/quote]

What kind of house are you in.  A few terro is under $20, hot water heater 2-4k.  [/quote]

TPO white reflective roof roofers out of town cheaper than it would be with DC company; Carrier AC ; Bradford White 80 gal water tanks  in each apartment. They cost $5k without labor[/quote]

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