Less bank accounts results in less check books, less debit card numbers, less account numbers that you have to track.best of luck.

Meanwhile, gross rents of $1,800+ for 3-bedroom single-families is an achievable figure, so it’s possible to generate cash flow if you lever modestly.There’s a bunch of other stuff that’s worth highlighting—the economy, demographics, neighborhoods, new construction, and more.

I'll usually eat $100 - $200 worth of touch-up cleaning for a long-term tenant.

Given that the property was worth $390K in its current condition, I saw an opportunity to make the numbers work while keeping my upfront costs low.Instead of increasing my cash offer, I negotiated a $25K down payment with the seller carrying the balance for two years through owner financing.

Also, zoning and market trends matter a lot more than in residential, so it’s worth getting familiar with Tampa’s landscape.

It's worth about 500k in equity.

Is it still worth a squeeze?

Also, check state-specific tax laws, as some states impose additional transfer taxes.This post does not create a CPA-Client relationship.

I live in a lower-income area, so I figure that the better tenants you will get with a safe house, the ongoing safety the tenants feel, and the lowered risk of a break-in (when occupied or vacant getting ready to lease), and reduced headaches/vacancy/potential damage are worth the marginal up-front cost of having it installed.

Hey @Michael Weleski  - you can check out Events and Meetups forum via this link - https://www.biggerpockets.com/forums/521