If it's turn key and rented you would analyze current rents vs expenses.

Lots of competition for tenants at this moment, which has been dropping rents down, rent concessions etc.Good luck on your journey!

Just like how Johnson & Johnson or Coca-Cola send you quarterly dividend checks, your tenants are sending you monthly "dividends" in the form of rent.

My unit is located by Rose Medical.

Hello,I bought a duplex in Pensacola $75,000 under appraised value, in an amazing location.

However, what is far more important for financial freedom is the location/city where you invest.The city where you invest is far more important than the current interest rate.

@Ofir R.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

The Rent To Retirement team is excited to share this journey with you!

A lot of multi family can be located in not so good areas.

You need to tell your insurance carrier that you would be renting under 30 days!