I guarantee, there isn't a better way to do it, then with what you already have.

But if you never step up to the plate I can guarantee you'll never even get a base hit. 

Going with your $1,500 a month the properties value is $126K which is what would be needed to make the property profitable.In addition, knowing how to properly screen tenants, and to guarantee rental income is especially important as well as how to properly manage and maintain the property which all affect the properties monthly expenses and profitability which needs to be included in the calculations.

By accepting housing assistance vouchers Holton-Wise is able to market your vacant rental property(s) to more prospective tenants which typically decreases the amount time your rental property(s) sit empty waiting for a qualified tenant.It is not guaranteed, but in our experience the amount of rent that we receive from tenants on the Section 8 program is typically much higher than what we receive from cash paying tenants.

I was thinking earlier and my question is this:Say you had a couple of lenders who lent you money for a deal after you provided them with the plans for a house, arv of the house, projected cash flow, guaranteed ROI and things like that.

Do they offer rent guarantees?

Kick her out, firstly you have a vacancy for a month and secondly there is no guarantee that the next person will be better.

You can pay cash for it and do the cash-out refi later or use leverage to acquire it to begin with, the loan must be non-recourse since as "disqualified person" you are not allowed to provide personal guarantee for the loan.You can do personal investments as well, separate from your IRA.

I asked my agent to include a home warranty in the contract if it wasn't signed by the date he guaranteed.

I wonder if a lender would "back out" pet rents since it's not a guaranteed income- like the next renter may not have a pet and your rent may now be $50 a month less for example.