I managed a low end apartment block for several years. 

Quote from @Jacob Campbell: Hello - After listening to the podcast, I've made a commitment to purchase a rental property by the end of Q2 this year (ideally by the end of Q1).

This normally would not be an issue but the cost of the water/sewer is extremely high in this area and specifically because the meter is a one inch, the costs are much higher than a normal 3/4 inch on a non-duplex. 

Start with durable, high-quality basics: plush towels, soft linens, and a fully stocked kitchen with sharp knives, pans, and essentials like oil and spices.

To give a little more detail, these houses are in 2 rows, 4 on each side, so the line starts at the public street line, does a U-turn at the end houses then back out to the street.

While having high standards is important, it's worth considering that many Section 8 tenants might not meet requirements like a 640 credit score or $90,000 in household income.

We were initially looking out of state for a potential move and or investment property just because the property taxes without being able to homestead, plus high cost of insurance, and harsh weather on homes made me feel like it might not be worth it.

It is 7% interest only with balloon at end of 7 year term.Monthly Interest: $7,875.00Annual Expenses: $50,000.00---------------------------------The NCF in year 1: $26,000.00+2nd year is when it really takes off at $80,000.00+ Thank you for the advice on looking at refinance a bit closer.  

what did you end up doing with this property?

The auction is open until the listed end-time.