I'm a 30 year old husband and soon-to-be dad in a dead end sales job in Alabama.

Right, seriously, there's a game on Steam called "Tenants" which, I suppose, is a landlord business simulator.On sale now for $17.49.Quick blurb (not trying to advertise for them, honest):Become a landlord and deal with problematic tenantsas you build your rental property empire.

In my area, U&O inspections are done on every sale and varying rentals from annual to just on turnover.

State's differ quite a bit not just with their laws but with how certain aspects of a sale are customarily handled.

Of course if you are required to pay off the 2% mortgage then your cash on cash ROI goes way down, but with a 30% equity cushion you’re still way ahead.I really dislike contractor for deed, lease option, or not recording warranty deed as “solutions” for the due on sale clause.  

Because of illiquidity and the fact that it was in default and a foreclosure sale was scheduled, it was valued at $21K.

Their previous lease includes a portion of storage in the basement with laundry access(also in basement).Current set up: tenant occupies floor #2 with separate access to the basement for their laundry and storage.Future plan: reno basement and remove storage/laundry access for tenant.

I dont know how many units you are talking about, my biggest problem was tenants having easy access to me.I finally decided to use a software and got an internal property manager so moved away from it.Currently setting up the maintenance request portion of it, so will see how it goes.

Is it up for sale? 

Purchase price: $350,000 Cash invested: $50,000 Sale price: $550,000 I acquired this property in 2015 and used it as my primary residence for two years.