I figured I should keep it incase any issues ever arose.

I suppose what I'm trying to figure out is if that is something that I would need paid training for or even a real estate liscense.

You see it all the time on BP... people trying to figure out what screening methods to use for this list or that.

They'd also let me show it before they moved out so I could possibly limit that turnover expense.I figured my upside there was an extra month plus I was getting someone that could move in immediately and that had near perfect application (his credit score was higher than mine :-)).

I am trying to figure out how that will work.

What did you have figured in for vacancy rate?

.), no management fees, no other fees and expenses.I assume it is separate heating systems or you would have figured out that one is huge already!

What you should be asking yourself is how much is the house worth with all of the figures you have, and from there you come up with YOUR max value.

If I was the tenant I might be a little irritated that I now have to figure out how to get the rent to you when you used to pick it up.

Hi, I'm a new investor and still gathering info before getting my feet wet.my goal is to generate a positive cashflow, while hoping that the property also increase in value (not a big jump, but at least on par with inflation).from the get go,my mind was set on a single family home or a duplex.. until recently someone mention that a condo might be a better investment for greater positive cashflow.With condo, there's a condo fee but the price will be lower, and I don't have to maintain any lawn or replace a roof..I'm trying to figure out if Condo is the way to go.here's my current analysis of a Single home vs Condo:Single home: Price $160K, tax 3600, ins 700. 20% down at 4.25% interest. it can be rented out for 1500/monthCondo: Price $45K, tax 1800, ins 350. will buy in cash. can be rented 500-600/month.