Biggest dollar savings would be in reduced hot water consumption and lower gas bill.Yes I use water saving shower heads.

Your pm should have hundreds if not thousands of properties under management.  2) Make sure your insurance is valid on a property that’s been vacant 6 months, many policies don’t cover properties empty that long. 3) You could have lowered the rent to $1,200/mo after the first month’s vacancy and been way ahead.

You can't do that when you are in a fight for food and survival.Paying for college, rent, maybe a cheap car and gas can help them focus on other things and develop their potential.

I'm not trying to rain on anybody's parade, but anyone who follows advice that is that general in nature and tries to do one of these, by advice from a post on a forum, is sure to find themselves discussing the deal with a nasty attorney on the other side of the transaction and in a very formal setting called a court room.I can not tell someone that you can climb into a piper airplane, put the key in the ignition and hit the gas and you will be flying.

Both are valid strategies – just pick the one that aligns best with your financial goals and comfort level.Happy investing!

But you can get a vanilla FNMA mortgage for a rental property with a valid H1B (provided there are no lender-specific overlays, which on this subject there usually are).

You are focusing only on the IRR which is not a valid measure because it only looks at the return on premium.

Within 15 min from grocery stores/gas stations and not near a lot of traffic which is really all we want lol.

However, your concerns about financial risk and time constraints are valid.

Are you changing layout and have to move drain lines, gas lines, water lines to new locations?