@Patrick Merone,It's a great area for low income rentals, and there are a lot of great renters out there.. definitely bad apples exist, but  I always say --you pick your tenant!    

(Free and Plus members can use the calculators up to 5 times.) iOS app is held up by Apple policies, we're working on it.

You have and must use (so we compare apples to apples) a good property manager anywhere you buy.3.

From your description of your situation, you are looking for the most "expensive" type of refi, which likely isn't apples to apples with your friend's recent refi on his rental property.

Make sure you are comparing apples to apples.

I had to let him know that it was going to be rented for likely $900 - $1000 a month and that there would be excellent screening.The bad apples are what ruin the image of a rental property in a residential neighborhood.

For example, a couple areas I work in as a broker, property manager, and contractor:60623: North and South Lawndale are NOTHING alike, apples and steaks comparison.

It's a small tear-off calendar with a magnet and sticker on the back so the client can put it on their refrigerator or their desk.

and at the end of the day, we need to be able to use common sense in getting into a door.Yes, you will need a WiFi set up to control the lock at your location and a very cheap subscription if you want to control the locks remotely - but you don't have to.Beware of shiny, good "Apple" design looking products made of cheap and light plastics, especially when it comes to longevity and the heavy mechanics needed to withstand millions of physical movements and human force.Also, remember the water- and weatherproof factor.The "on top of door deadbolt" solutions are NOT preferable over the inside lock solution.

Enrollments drop in a college town like mine, some of those teachers will be doing something else, it's hard enough justifying some of them now, but if students drop out due to lack of funding, you'll see an economics prof selling apples.