I have a 16-year-old boy myself, so I truly commend you for homeschooling two teenagers!

If you’re not sure, start by talking to a lender so you know exactly what you can qualify for.

I use RentVine, and so far, we really like it. 

Its how come I am so entrenched in funding in the mid west till this day.. 

So I have 6 individual reports.

In rural area those go for like 9 caps because area is so rural you are buying fixed and flat yield for the primary lease term and then building and dirt have very little value long term.Think area with 10,000 people in 5 mile radius.

Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee

But to date, I've just set my rents at a rate that accounts for me having to pay the water bill - and informed the residents that each year I'll increase the rent based upon my expenses (including water), so keeping the bill down helps me to help them.But one problem this could cause is if increasing the rent to cover the water bill then places your rent above the market rate.

A lot of BP Pro Members are landlords so they need a software to manage those properties, so the RentRedi Perk saves members around $360 in software costs. 

I kept hearing about house hacking and how it was the best way to get started so that's what I did.