The systems you have in place to handle leads, follow-up and your sales processes are also huge factors.Another factor is what is your monthly marketing budget?

Prorate the rent for the first month.   

The Deal:$1.8M for the property, which generates $20.5K in gross monthly income. 

If a Room for Rent is worth $1000/month, then reverse amortization at current interest rates between 6.5-8.5% for 30 year mortgage would set the price between $130,000 to $158,000.

You can buy a set of five for under $300, subscription for the recording software is $10 a month, then the cost of WiFi or hotspot.If you've already had a couple break-ins, you are obviously in a high-crime area.

So can I calculate my cash on cash return like below $40K(appreciation)/($42k(Down payment)+(2.1K(Monthly payment for Mortgage+HOA)*36)) = 40/(42+75.6)= 34% so the annual cash on cash return is about 1.34 to find the cubit root.

We have 720 phone calls and six months of vacancy trying to find one tenant that would submit, bank statement, car insurance card and paystub that is not fake.None of the above has worked for us except to try to forget the judgement.

I would stay long enough for the 2 years so you quaify nothing is going to happen in the next year or so.. that tax free money is the best thing we have going in the US in my mind. then U could buy some very safe first trust deeds and make 4 to 6K a month NET NET NET without any of the TTTs..

He offers really good service, great cost effectiveness, and currently finished one in just around 3 months. 

@Daniel Amsalemhi. i see this thread is a couple months old.