.$4100 monthly gross rent$2050 monthly expenses - includes taxes, insurance, utilities, advertising for new tenants, making the place ready for new tenants, evicting the non-paying ones, vacancies, legal costs, the new roof or heater or other major repairs that come along once every few years but that you had better be saving up for each month.$2050 monthly NOI - net operating income.$3000 monthly payment on $450,000 at 7% for 30 years.$950 monthly loss.So, for only a little money up front, you can acquire a property that will suck $1000 out of your pocket each month.

Where to landlords advertise?

What about vacancies, maintenance, advertising for new tenants, tenant screening, evictions, damages after the evictions?

.* They offer a special price or discount claiming they are in the area and will knock off a portion of the cost due to excess materials from other contracts.* You may be told you must act right away to get this special discount pricing, and you may be asked to give them money up front before starting the work.* They offer you a discount price if you allow them to use your home to advertise their work.

You'll also find tons of material along with many helpful members here in the forum.

Advertise "handyman special".

It has been done before.It is very rare.It is my understanding that Beck's materials are being sold by a company that is not controlled by John.

That will cut down on advertising costs when there are vacancies.The 10-unit is on a very large lot, large enough to build another 10-unit.

You cannot advertise that you are lending You cannot violate usury laws. 

had a contractor recommended by a realtor. used him on some minor jobs, did ok.contracted to rebuild the inside of a small house that we found to be infested with mold and had to gut. gave 75% upfront (all materials and 1/2 labor), which i now know was a bad idea.