If you can hit those numbers you are doing awesome. 

They may get paid on the 3rd and need to not initiate a payment until their paycheck hits their account to avoid being overdrawn.I personally have a 5 day grace period and rent is considered paid when the transfer is initiated.

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

I dont think we are too far off from seeing more rents in Greenridge/Hill Section near Nay Aug hit 2k.

But you can still find deals at $120-180k purchase price that do hit the 1% rule and you get amazing appreciation as well.

If you can hit the 1% rule (which is 1% rent per month compared to the value of your house) you'll return 6% plus inflation (say 3%) 9% total. 

Many of them barely hit the "1% rule".2.

The workmanship of the remodel was hit and miss.

Hello  I'm currently in my sophomore year college pursuing a degree of Electrical engineering.

Opex has been a huge hit to most property owners in all shapes and forms, myself included, but to know to keep your back wide enough to cover your own you'll be able to navigate these waters just fine.