Quote from @Michael Plaks: Quote from @Natalie Kolodij: Research Points: Ervin E.

Quote from @Jake Thorpe: Quote from @Andrew Syrios: Making over a $140,000 isn't much of a horror story even if it's a "scary house." 

Quote from @Marc Shin: @John Underwood my STR is in a neighborhood that could be perceived as a little bit sketchy..Erp.

Also, from what I read in Bloomberg, midterm rentals near major hospitals can sometime command a decent premium.. especially if they include some nice furnishings.Little Tweaks Count: Even minor upgrades, like new door locks or a fresh coat of paint, can help you justify a stronger rent.Driving for Dollars & Networking..

Quote from @Joseph Kirk: How is it coming along?

This has pluses and minuses.If your property is bulletproof such as no framing - cinder block construction, cement floors, gloss white paint slapped on the walls and a cheap window mount AC, then you are in a prime position to make money with S8. 

Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.

Quote from @Robert Bishop: Quote from @Caleb Brown: I would still focus heavy on stocks/index funds.

Quote from @Patricia Smith: @Steven Wilson Hello Steven, I have sent you a message through BP.

You can take out a lot of complexity when you buy property that only needs maye paint & carpet.