Also has single pane windows.All that being said according to the 50% rule, as of now, I would intake $1500/mo. which after paying mortgage and insurance would leave me a negative $200.

agree with @Dawn Anastasi  on the eviction part.also, if you screen her, then, unexpectedly found that she has huge amount of unpaid debt, then, you reject her... oops... can you handle that kind of strain relationship with a co-worker?

Well, Karen, thank you, it may register later the system is probably under some crunching strain right now, bet we're down to 65 by the time I post this one!

Hi everyone,I am looking to start purchasing houses to rent in the near future and, currently, I am considering purchasing in Louisville, KY and wanted some feedback on the type of property to invest in.I was wondering what people experiences have been with starting in real estate investing by purchasing cheaper older houses expecting a higher turnover rate vs. spending a bit more and trying to find longer term tenants .I have thought of pros and cons of both but I am considering starting out with cheaper houses and eventually, after having several units, purchasing more expensive units to try to get more long term tenants.cheaper houses higher volume  pros:1) allow me to pay off the property sooner2) allow me to purchase more units faster3) Easier to afford if unit goes un-rentedcons1) higher maintenance costs due to age of house2) higher turnover rate for tenants due to proximity to college campus3) depending on property manager, turnover rate could drive up the cost of managementmore expensive, lower volume pros1) lower maintenance costs2) possibility of lower turnover if long term tenants are found3) nicer houses allowing higher rentcons1) would take longer to save up to purchase2) possibly more straining to pay mortgage if unit goes un-rented3) possibly lower profit margin due to higher mortgage payment I know there are many more pros and cons for both but those are the top 3 of each for me.

Look for a job in the mornings to provide an income, if it is related to real estate fine, you need to reduce the financial strain.

If I am able to finance 10, $50,000 properties instead of 1, $500,000 property, this will decrease the strain on my bankroll and the variance of unexpected repairs, bad markets, bad tenants, a bad contractor, etc... 

In the end, it severely strained our relationship with the owners, as we felt we were owed at least a discount in rent for the inability to enjoy a major amenity that attracted us to the property in the first place.

You can access the labels on the left pane (below the default labels like inbox, sent, trash, etc.).  

I assume the panel is original to the condo and I would like recommendations for an electrician to replace the panel.  

Windows were single paned and had storm windows.