Hi Barbara, welcome to the community!

@Michael Plaks, thanks for sharing that great knowledge with all of us here in the BP Community.

Hello, I've been tossing this idea around and doing the math and would love the communities thoughts - Theoretically, let's say your annual income would allow you to save $100K a year.

There are also facebook groups for various cities/states/communities where you can place and promote your listing.Happy to help answer any other specific questions!

Hello BP Community!

Also considering a coastal STR in some of the smaller beach communities.

Think about what renters in your target market value most, such as green spaces, community centers, or high-speed internet access.BTR is a rapidly growing sector, and careful planning of these factors can help ensure your project is successful.

Happy to talk further on the area (we are large enough to offer options to focus on student rentals/UW Madison campus, and anything from Class C to A locations or suburban/surrounding communities) but to help you consider broad initial search, you could start by deciding how important cash flow is. 

Hi BP Community,Has anyone here had experience investing in Detroit with Section 8 tenants?

Monthly expenses will include mortgage payments, property taxes, insurance, utilities (if applicable), maintenance, and reserves for repairs.You’ll need at least 3.5% for an FHA loan or 20% for a conventional loan, plus cash reserves.