Yes, I'm helping L, I had a conversation with the owner coming to an agreement but as I mentioned he retracted his agreement and manipulated a new lease, failed to mention he back dated it (before the girls moved in) showing M as a tenant with the lease expiring.Funny too, another tenant is moving out this weekend, different deal but the owner jacked the rents up 25% to drive them out, another violation here.

Personally, I wouldn't see +$150/m as being a deal breaker, but perhaps your target market does.Also, my property manager calls this upcoming time of year the "renter black hole".

Here are links to the meetup page and FB group to learn more.http://www.meetup.com/NH-Real-Estate-Investors-Mas...https://www.facebook.com/groups/1027138307313023/

Oh, and I spoke with a good real estate agent and he said my rent should be higher more like 950/mAs always any thoughts/advice is greatly appreciated.

I like to pay $25k for a unit that brings in $600/m as a VERY rough eyeball of a deal.

@Andrew M. as for the reason the carrier would cancel the policy, my assumption is the risk materially changed. 

You are in my old stomping grounds (I grew up in Madisonville which is east of there and went to Texas A&M as well.

@Colin M. As

Numbers NO MAS.

Hey Chad,I am attending A&M as well right now and drive back and forth between College Station and Richardson every weekend.