We did however, put in brand new HVAC to both units, new flooring in the bigger unit and then furnished them nicely to rent MTR. n This location is 2 miles from one of the largest hospitals in Knoxville and only 3 miles to the college and downtown.

Yes, it's plenty of demand in royal oak and ann arbor is a college town, so you shouldn't have any problems there!

In 2022, rising rental rates have forced HUD to significantly increase maximum rents as too many S8 voucher holders can’t find rental homes at previous rates.PositivesRent comes directly to landlord, every month!

Column A - year Column B - total units that year, adds previous year total to new units added in Column CColumn C - new units added that yearColumn D - $60k per unit value added for that year (assumes it stays at $60k per year which is wrong, but you could tweak to have it match the 2% inflation from columns E & F)Column  E - takes previous year value from column F and multiplies by 1.02 or 2%Column F - Adds columns D and E for the current year.

I already gave them a notice that I will not be renewing their lease with the previous landlord which thankfully ends on 10/16.

Call previous landlords...was there police calls, missed rent payments, parties, complaints, etc. 

I just turned 55 and have 33 rentals and 135 storage units.You may be better off buying as many properties as possible for the next 5-10 years, then paying them off, starting with the smallest mortgage and working up to your largest.

Or would I be wiser to wait until I have a 9-5 post college and just enjoy these years and hope market conditions become more favorable?

Some background I am 21 years old and in my Jr. year of college.

I created spreadsheet from previous remodels but every deal needs tweaked.