If you are sure on the market rents those figures look great.I like security deposits because it makes the tenants behave.

Are you willing to saying how income you might be having?

now either refi once more to get whee you want to be, or just enjoy the extra cash flow.Really, the bottom line is how do you get enough income to service the amount of debt you are going to be having.

What a great way to get someone in there to "inspect" and make sure these guys are behaving themselves and keep the turnover cost low!

@Ikenna OkoyeIt means that the tenant will not be having a job right?

Corollary: if you were to see a 2.5x hike, what would your course of action be? Have

If you fill those spaces with park models, you won't have to change anything and once you sell those to residents, they will behave just like a mobile home. 

Additionally, if the tenant's bike is in the shed, how big will the inconvenience be having to work around it to get to your personal belongings, if you can even reach your stuff?

You need to be having a good amount of active income to make this useful. 

The reason we believe we may be having more trouble than the other house is because of the crappy school district it's in.