The third, I think I will break even or small profit, but it will be on the longer end of the hold, like 7+ yrs overall.I have not had any additional capital calls.

An addition of soil, a swale, or a French drain may be necessary.● Part of the patio on the east side of the garage has a negative slope.

We didn't need to rehab except for a couple units when they became empty and we used cash flow (so no additional capital needed).The rents are now $10,700/mo and we are cash flowing well. 

Therefore, I prioritize pre-screening applicants to ensure they meet the qualifications before arranging a showing. 

It's always worth checking recent reviews to ensure you're getting someone who can move at the speed you need.A quick Anecdote: I had a friend who went through a similar process recently.

In terms of the down payment, that 75,000 includes all of the additional fees and associated costs and such as well.

We have not disabled ours or converted to gas, but Tenant must sign a Fireplace Addendum stating if they use it, we require a higher renter's liability policy with us as additional insured, rules on wood, storage, use, safety, they pay for yearly professional cleaning each year they are there, etc.  

Since it's trust ownership, there are some additional benefits. 

Thank you for the additional info.

I have thought about renting out my primary residence because I could potentially have someone else paying my mortgage and the rental income would pay the mortgage and also put about an additional 600 month in my pocket.