It was like paying for multiple Master's degrees to get our "real world" experience.  

.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?

Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.

But that's without paying a PM.

Also, how does one assess whether or not one can turn a profit after paying principal/interest, insurance, and taxes each month?

Now, you need to figure out how to find deals and pay for them.

This could save you money in the long run, but requires a bigger initial investment.To help you decide, consider these:What's your current budget?

.🔹 Insurance Challenges – Even when insurance pays, it rarely covers the actual cost to completely rebuild.

How does anyone expect people in a place with an average income of 25K a year to pay an average of $1400/mo rent? 

It is also possible that either the folks in charge of the station, or the prosecutor have set a policy of not wanting to pursue non violent crimes, or even not paying attention to crimes against folks who are not local residents.