But on the surface I would say this looks like a deal.Thanks for the break down...quick question.

I have heard of people breaking into vacant homes and living there, and they can't be evicted without going through regular eviction proceedings.

Someone who could really break apart the numbers, tax implications, all of that stuff.I'm not qualified to speak to the best route on this, both in my lack of experience in that arena and in not knowing all of your specifics.

We are happy with it as we knew going into the transaction we would be content with breaking even on a monthly basis (After mortgage/taxes, property management fees, HOA's, etc.). 

Hi all,I tenants that would like to break their lease but no clause in the lease covering the situation.  

They prevented you from breaking the law.  

I did the calculations and this doesn't even break .4 on the 2% rule.

when I find a property, do the math with a 30-40% down, I barely cash flow, break even, but mostly will pay out of pocket. 

Tighten up your lease so there are some consequences for breaking rules.

@Hattie Dizmond  Thanks a lot for that 7 step break down.