It's almost guaranteed to look better, require less maintenance, and last longer than carpet tiles.

I'm going to rain on your parade.Mortgage and HOA fees will be around $31,000 but you haven't accounted for furnishings, utilities, WiFi, maintenance, taxes, and other expenses.

You'll have deferred maintenance, capex, low rents, vacancy issues, evictions, etc. to deal with the first year. 

You only need a place to track tenant information, payment history, maintenance, etc.

. ■ Mortgage ( 20% down so no PMI ) ■ HOA■ Electricity ■ Gas ( None because new construction house has electric stove ) (Everything is electric )■ Water Bill ■ Camera Security system ■ internet ■ Lawn Care■ Regular Maintenance □ Will I need to pay for " Trash " ?

Also responsible for other expenses such as lawn maintenance, repairs, replacement of appliances etc on behalf of rental LLCs (A, B,C). 4) Y will charge monthly operating fee of 10% from each LLCs (A, B and C).5) LLCs (A, B, C) will NOT have separate bank accounts.

Buying a home includes the cost of taxes, insurance, and maintenance.

While older buildings can come with maintenance challenges, they also offer character and potential for value-add through renovations.

It's best to start working for another PM and learning the ropes and liabilities around leasing, screening and maintenance. 

It felt like way more, but I wasn't previously saving appropriately for maintenance and capital expenses. $1,600 in rent (ie: risk if a tenant is not in) for $150 in cash flow is not ideal, now that I've got a clear picture of what's actually going on!