Paul has started at least 3 separate threads in the past few days announcing to the world the success he's having with section 8 rentals and repeatedly reminds us he doesn't have a clue how to calculate the true operational costs associated with these properties. 

Obviously they need to specialize in real estate rentals, holdings, and LLC. 

Verifying last 2 years of rental history very important!

Do You Already Have Rentals?

That being said my residential rental will have a positive cash flow of $500 and I plan to rent out this other side of the duplex immediately and will have a balance of 600 to cover for the mortgage.

The person you inherited the property from used it as a rental? 

Although the Joshua additional demand is smaller, it is closer to DFW, which means its rental rates will be higher. 

Understanding why specific property sold for "x" and where it went, aka flip/rental/auction, etc., and getting familiar with each zipcode so when the next lead comes up, you are much more educated to handle a conversation or pitch a solution. 2.

I think most people would agree that a single family home is better than a condo for a long term rental.

A couple of things I like to tell my newbies-Owning a short-term rental property can offer significant financial benefits.