In fact, gross rent (before expenses) aren't usually $2000 on such a property....that would be rent equal to 4% of the purchase price....however, that'd be a screaming deal if the numbers shake out.

Someone at the front talking about how successful they are from taking the courses literally started screaming "everyone run back to the room, financial freedom for only $1K!

Kate and Shaun

@Kate J.

I have a local ac guy i've used for 10+ years if you want another local quote, @Elton TidwellPersonally if you plan to keep it long term and every want to raise the rent, central heat and ac would attract better quality renters imho... window units scream 'bottom shelf' and are a signal of what renters can expect in terms of quality and rent... 

@Kate J.  

Then they have to sit there until it's done, to make sure nobody throws their underwear out on the floor, listening to everybody else's kids running around screaming (Our kids are very well-behaved, naturally).

You have to accept their vouchers, but you don't have to work with them.I'm in California and I will scream from the tops of the mountains that I gladly accept S8 vouchers.

@Kate J. 

On the downside, rents have been flat in the area, and property taxes have been screaming upwards.After closing this deal, I knew it was about time for a change in strategy.