What age the homes are, what they rent for, etc.I would never subscribe to any 50% rule because I just think there's something inherently wrong with assuming any expenses based off the rent amount.In one area, a 1,500 sq ft house may rent for 1,350.

I think you'll find BP to be the best RE investment you make even if all you invest is time (i.e. don't become a Pro subscriber).While I am not a buy-and-hold investor, I have used a Katy area real estate attorney I met at Real estate Investors Club of Houston (RICH).  

Read, farm an area, study tax sales properties, spend some time at rent court, subscribe to your local legal newspaper  -- great place to find leads, people with back taxes, foreclosure, tax sale redemption notices and much more.Charles

Hey Neighbors- My name is Jake and I'm wanting to get into real estate full time. I currently own a farmhouse with a few acres just north of Lincoln, NE which I will be leasing in a few months. From there, I'm looking...

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Go here: https://www.alabamainteractive.org/sos/welcome.action > Name Reservation Menu > Name Reservation > click “Non-Subscriber” (at the bottom).3.

I have subscribed to our local paper that publishes upcoming foreclosures.

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Pretty simple to see that you're losing money if you subscribe to the 50% rule.