Two wage earners are going to have an easier time making rent than a family where there is only one paycheck, depending on how high such paychecks are, and in both cases you would look at the total household income.Stick to your guns on what you said you wanted, but when you are not in the heat of the situation reevaluate your standards to make sure they are still serving you well. 

Having a property manager is the solution for dealing with matters that occur with problematic elements of our population, and in alleviating yourself from these kind of stressful encounters.  

Standardizing these elements will allow you to expand without reinventing the wheel.

This add an element of unpredictability.

I tried to estimate 20% higher on repair costs since i do not have a wealth of experience estimating yet, there is some minor water damage, and some heating and electrical that needs to be replaced, which is where most of the expense came from.

If I don't pay my bill they have no problem cutting off my heat in the winter or a/c in the middle of a 110-degree heat wave here in Texas!

The multifamily real estate market is gaining momentum as we close out 2024, driven by easing financial conditions and attractive cap rates, according to Marcus & Millichap's Q3 report.
Cap rates have surged to a...

There is some element of timing when getting pricing. 

We have water and gas to heat water and run stove.

Right now, it can probably go for $700,000.Summer renting is tough, because people know that the heat is no joke, and it doesn't seem like there is much demand during the summer months.My elementary math is telling me that I can earn 1.82% on my $700K.