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Updated over 5 years ago,
Opinion on a Cash Flowing Rental
Hello everyone and good afternoon! Got a quick question, I have managed to find a small Duplex with two renter already occupied. My mortgage payment with 20% would be around $950 a month. The tenants are each paying $750 which equals $1,500 ($500 “Cash flow”) Everything seems great, what else should I be looking out for on the property before moving forward. Anything helps, thank you