For all of the SFH that I have looked at so far, the numbers do not work out for rentals (on their own), especially when you compare them to the MFH.

I'd like to approach her and work out a deal where I could help her manage and rent out the 2nd and 3rd floor units, but where I would agree to be liable for certain damages, to those units to ease her worries.

Similarly, don't buy it if the only way it works for you is if things work out just perfectly.

I'm ready to start making offers, and hopefully some of them will work out.

Its really impossible to break these out because some are so variable.Your taxes and insurance work out to $533/month.

I also set up a referral program for if a renter has a friend move in and is accepted they get 25$ worth of quarters for the Laundry room :) I know this may not work in all building but that how I do it on my other property and seems to work out well. 12 You Asked:- - $25/month in accounting fees seems low, but let's assume it's correct.

If you are able to work out a good deal (they're all over the place) and buy at the right price you should be able to buy 2m (TMV), that's 16 SFH's at the price you quoted.

I already talked to a contractor that I know that is swamped and he subs all of his work out and he said he would sub out to my company for the employee.

Read the information that you find on this site then find another forum that is dedicated to investing in stocks and compare the two and decide for yourself which is the best.Which ever method you have the most faith in will work out better for you.

A bit more complicated but seems to be more fair than #2.What do you think would work out best?