I shoot for 1% rule combined with the 50% rule.

For a 3 br 2 bath, depending on the area, I’ve typically seen 800-850 for rent.I think that combined with the financing being on a 20 year amortization is where this deal falls a little short.

I then made one that combined both spread sheets into one.

At this stage of your life, you need a combination of liquidity and appreciation.

Me and my wife combine currently make $55K a year which will potential go to $70k a year with my new job offer.

Hello fellow BP members, I recently was studying for one of my real estate courses in college and ran across a topic on appraisals and it really got me thinking.It was discussing how modern technology is affecting the appraisal profession.

They are rabbeted in the very best tradition of foursquare work, and each of the 4 and 5-inch quartersawn trim boards has a wide single groove dadoed into its back (modern production trim boards have 2 or 3 narrow grooves, it's cheaper to do but doesn't work for trim quite as well).

The current monthly combined rent is $5,745 although I'm still trying to find out if any properties are vacant.

I'm sure you have even more codewords to express your desire to raise your kids in a place that requires no work to meet your standards for space, cleanliness, modernity, and aesthetic appeal. 

That combination typically is for an extremely risky asset.