So, $5k/$20k = 25% return on your investment.This is a very simple example that ignores the rental income vs any mortgage payment (taxes & insurance, etc. would be the same in both examples).To increase cashflow, you would also want to take the lower payment of a 30-year mortgage vs 15-year.Regarding the purchase:1) Require the seller to have tenants sign a MTM lease or vacate before closing.

Taxes, insurance, pest control, utilities, software, etc comes out to around $13k per year each for my 2 bedroom cabins.Also unplanned capital expenses will add up.  

In other markets, the listing agents have a stable of prospective buyers informally registered with them who can be plugged in to a seller's property.This just doesn't happen in investor circles.

They have to get non-QM loans and pay high insurance rates.

Taxes and Insurance have probably both gone up 30% over the past 3 years. 

We took this disaster personally as we love Asheville and have visited many times.When there's an official presidential disaster declaration (there was), flood insurance policy holders should apply for FEMA assistance in addition to their flood insurance claim.

Bummer. he can sell it no problem just cant get title insurance.. so unless your buying it to flip who cares just buy it and enjoy it.. and during that process just sue for quiet title.. take some money and time but that would clear up the title. there is a very prominent BP member that buys tax sale and other title issue props in SC he gets them so cheap because you cant get title insurance at least at the time he buys them and then just rents them out.. its a winner.. no one will ever come back on him or you ..

I’m trying to stay away from FHA and get a conventional to avoid the FHA insurance. 

When you run property management numbers - they get 'ugly' real fast.Lets say you buy a long term rental and it rents for $1,200/month, and if you financed it, it costs you $900/month for a fully loaded (Principle, interest, taxes, insurance) mortgage.  

Insurance company is making me get a UL certified central fire alarm system for this 4 unit I bought in PA.