In the first 5 years you will collect lots of interest, and make more money than the actual purchase price because you, the seller, are now acting as the bank.

Rate fluctuation, election, and general cooling of the Ohio market I think all collectively leading to this.

We make over double the fair market rent. with zero collection issues and turn overs that are simply hire the made to go clean..

The difficulty is in collecting current rental data of actual rents.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

That said, for all reservations we collect payments on (this includes VRBO since we have an integrated account through our PMS) our charging schedule mirrors the reservation cancellation policy. 

Say goodbye to having to collect cash or checks for rent from your tenants.

Managing tenants, collecting rent, and handling repairs can be time-consuming, so factor in property management fees if you hire someone.6.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

One to hold all the security deposits and the other for collecting rent and paying your bills.