And they are super nice.

@Leslie L Meneus you are trying to find a tribe of super freaks.Let me explain…Only 6% of Americans own one or more rental property.  

Starting with a single-family home in Kansas City is a smart move, and it sounds like you’re really digging into the numbers, which is super important for making informed decisions.From what you’ve shared, your offer of $140,000 with an 8% interest rate and a 20% down payment seems like a solid starting point.

This is just being super picky because you asked and I didn't see any 1/2 naked pics but the one of the couple with the infant is TMI.

@Christopher Morris, after being an REI myself since 2019 and our bookkeeping firm serving many REIs who have different strategies/business models, I'll tell you what is super clear to me...Never rely on rental properties to feed your family.

As far as the appraisal discrepancy, it doesn't sound super egregious considering you didn't do any work to the property.

@Nicholas Aiola I don't know if you have already answered this since this is super deep now.

I tried saying this in previous posts but maybe did not make it super clear.

That's super helpful, and always something to keep in mind and watch out for. 

Verify credit, employment, etc for you. 6) I would definitely want noise (quiet hours), guests, and treatment of common areas covered. 7) We've used Rent Manager as it focuses more on the financials which I think is super important.