There was just a Midwest Real Estate Investor Networking Summit in May that will be an annual event that you won't want to miss.  

Zillow states the following on their annual report, "If Real Estate, Rental and Mortgage Professionals, Home Builders or Other Advertisers Reduce or End Their Advertising Spending With Us or if We Are Unable to Effectively Manage Advertising Inventory or Pricing, Our Business Would Be Harmed."

I would like to have a portfolio of rentals netting >$200k annually and then I can rest easier. 

State gross sales tax is annual and due by Aprl 15.

His annual ROI, if cash neutral all years, would be 27%.  

So at first let's try to figure out NOI sufficient to make this deal worth buying:TRICK: ON HOW TO FIGURE OUT NOI IF NOT GIVEN:At Asking $1,700,000.00  with( 20%) Down Payment is $340,000.00  And (80%) Loan is $1,360,000.00At 6% Rate factor your annual debt payment should be $81,600.00.

Also, remember larger annual fee's are due for local associations once every year on top of monthly expenses.Also congrats on your exam, and best of luck!

Numbers are rounded for simplicityScenario A neighborhood:  Purchase price, 200k, downpayment 40k, monthy cash flow after ALL expenses $200, annual average appreciation 3%.Scenario C neighborhood: Purchase price, 200k downpayment 40k, monthy cash flow after ALL expenses $400, annual average appreciation 1%After 30 years, assuming NO rent increases,  on Scenario A you would have profited 72k in rent, PLUS own a property free and clear worth 485k. 

I think it usually has to be 60-90 days before the tenant's annual agreement with S8 is up. 

Using an example of a 100k HELOC, fully drawn upon, @ 4.75% - he stated that the minimum payment would be $395, which is the 4.75% interest on the 100k that is annualized, then broken down into a 30 day period (100k @4.75% = $4750/12 = $395.