@ $15Taxes: $197Insurance (I have no idea how to get crude quotes) so, $75CapEx @ 10% = 334Total Monthly Expenses = $1,334.22 (of which I'd be currently paying myself the $334).Available for Debt Service: $2,006Estimated Debt Service: $700 p/m (rounding up a little bit - I know, still quite crude).Cash flow: $1,306 @ $217 per unit.In short, it looks to me like a difficult but good deal.

You can pretty much do what you want, when you want, and where you want, all year round.

I am wanting to send out a second round of direct marketing.

Hey everyone, My wife and I just went through our first go-round of tenants in our first rental and have new tenants coming in in August.

Some offer value, some offer the same chewed up garbage that's made the email rounds.

My wife and I have been looking around Waco, Austin, Round Rock, and Georgetown for Rental properties. 

Hi @James Danchus I have heard of the rule of $5k in the sense that when you do your due diligence for repairs and arrive at $13k round up to 15k or if 17k in repairs round up to 20k.

@Saira Khan It is amazing to learn that the shape of RE World is perfectly round.....I've seen many many investors (including myself, up to some extent) saying that Chicago is not a good market, negative population growth, high taxes, tenant friendly laws and so on.

We have a round table discussion on whatever real Estate topics people want to discuss.

A nice 3 bed home in Knoxville may rent for as much as $1200, in this area a 3 bed in a good neighborhood is a round $700-750.