Today, many of those rentals sit vacant as the market is trying to determine the new low for Calcasieu Parish, Louisiana.Numerous FOR SALE signs in front of rental properties across this region of Louisiana.

Risk is fixed costs when transaction volume is low, you have to manage your cash flow.How many deals are your friends doing?

The allowed rent amount should be pegged to market rent, so it would only be way off if your unit is a way different quality or neighborhood compared to average. 

Quote from @Connie Kirkpatrick: Quote from @Jay Hinrichs: Quote from @Connie Kirkpatrick: Quote from @Caroline Gerardo: Not registered in Delaware https://icis.corp.delaware.gov/ecorp/entitysearch/namesearch... not NMLS licensed in any stateNot registered in Florida https://search.sunbiz.org/Inquiry/CorporationSearch/SearchRe...8 The Green, STE 4000 is not an office- it's a virtual mail address you can get for $11 a monthhttps://www.trustpilot.com/review/builderbanc.com some of the reviews appear to be from ownership but all are pretty low 2'sDo not give them an upfront fee of any sort.When I discussed with  my client, he wanted to give it a try, got the same angry reply. 

It has a certain risk, but historically has been low risk.  

Low rents attract low-quality renters that will eventually cost you even more money.They are on a month-to-month lease.

Maybe better to buy for rental in non-HOA neighborhood.

Throw in the fact that properties over the next few years most likely will have very low to zero appreciation and they probably do not get you a net of $6k a month even if you considered the principal payments you are paying down and lending right now is a far better situation to be in than owning property - just as the opposite was several years ago during very low rates and high home appreciation. 

You can get a block shot of the neighborhood as well which shows you what the other houses are worth.No, you aren't an appraiser.

Buy low, sell high, it's really that simple.