. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.

Specifically I think a lot about the smells that travel through the duct work between the units.

Thats really awesome, I travel to Mexico quite often and have been thinking about this.

Travel time has been treated unfavorably by courts, with a few exceptions.

Or should I keep tenants in units and once they move out turn it into midterm rentals for traveling nurses, etc? 

The furthest properties are the hardest to deal with because my contractors don’t want to travel that far due to their time wasted driving and the cost of gas for their big trucks.

Being in the Army limits my ability to travel and explore markets firsthand.

That might even be enough to make it hard to be hired by a traveling nurse agency.BTW, I am not a lawyer that can give legal advice.

Travel time to and from each showing counts.

Do you want to travel 2 days to the east coast, FL or something only a day away you can get to quickly like AZ or NV?