It is seeing big increases in commercialization in the last 2 years, which is a great sign as well.That said, Saint Charles County has a very healthy market, and even if I went to Saint Charles city, it looks like annual growth is higher than Edwardsville. 

Typically, maintenance & repair expenses may eat up the couple of thousand you earn annually in the early years. 

Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.

Just a simple math:Let's say I buy a home for a million dollars, with 20% down and 30-year term    interest rate = 5%     +    property tax = 1%    +    maintenance = 1%    -------------------------------------------------    = Total 7% annual costs of owning a house Now, during the 30 years of owning the house    Average homes in American appreciate 5% annually     -     Inflation runs 3% annually    ----------------------------------------------------------    = 2% gain annuallyThose are just rough numbers.

As long as you are doing deals, you can cover your annual dues. 

Profile:Investor owned LLC -LLC owns 5-6 properties-Investor normally takes every legal write possible so LLC DTI is high-LLC normally has an annual paper loss wInvestor Personally- Investor owns 2-3 properties not in the LLC-Equity in property 1 is over 70% and equity in others are around 50%-Investors personal DTI is around 15-18%Based on what you see above, the investor would like to tap into the equity in one of the above personal properties. 

PITI + PM Fee = $1,458.82 PER month You actually only cash flow $141.18 per month and that's IF your escrow is only 3k annually. 

And is there an annual fee to maintain the LLC, how much is it?

And then you come home hungry and want to wolf down some of it.

On the price point you're talking about you'll earn approximately 30% more over a 5 year period (6% annually) than a straight sale.5.