After the inspection, we sent a request with a mortgage contingency date extension (because it was also difficult to schedule this with the agent), a credit for termite treatment and an extension for the closing date which would allow one of the current tenants to move out at the end of this month (when their lease is up) before closing.

On my PM biz $2M of coverage is like $200 a month. 

If you can hit the 1% rule (which is 1% rent per month compared to the value of your house) you'll return 6% plus inflation (say 3%) 9% total. 

This will give you a baseline of how much you spend per month.

Last month, I pulled the trigger on getting my first real estate property ever and decided to go with a 4 bed, 2 bath new construction to limit all the variables involved since I am still in college.

There are companies such as Cover that offers a full service ADU deliverable from design through construction completion.

You can search this by clicking on the magnifying glass in the upper corner of the screen as it’s asked literally monthly if not weekly. 

The tenants were more interested in that than turning on the already-installed alarm system because there was no monthly cost.

We are getting inquiries and some applicants (mainly section 8) so maybe we will give it a few more months.

That was when I had enough, and decided to end the lease.He has been living month-to-month for some time now.