If you just stop investing it will be a double loss. 

Electricity alone on a 2 bed is usually around $200-250.  

My friend recently told me of this scenario where the person I lease to would perhaps then double book individuals and keep deposits. 

She asked me about it, so I told her I know they have a two bed room voucher, so she put one of the bedroom as home office room. 

@Cheryl Gilmartin are you saying that Anderson Business Advisors are in bed with Elite/RDPD, or am I reading your comment wrong?

Seems like a nice bed of cash coming in to use as a launch point - plus minimal cash out the door on initial purchase.  

I just wanted to double check before I escalated things.

Leaning towards short term rentals to start then transitioning to long term for less stress over time.My goal is to have 'passive' income equal to double the national median salary.now my questions for yall.1. does all of the above make sense?

He paid for common area access, built a bed in his Land Cruiser, pocketed the rent but we had agreement on what the pocketed money could be spent on (seeing we were paying the rent). 

I will be there, although can not make to this Nov. meeting.If you are in the KC area on the 10th of December, join us at the MAREI meeting at the Double Tree in Overland Park.