I am looking at Carrollton ga to invest in long term rentals either SFH or small multifamily.

If you feel confident in the tenants signing those long term leases, this is a slam dunk and you'll have a cash cow on your hands very quickly!

If one tenant has been in there for that long, there will also be some serious capex and turnover costs.

My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.

@Jordan Meltzer congrats on the mid term biz and your success. 

if you buy a long term rental, you may not see true returns for 5 or 10 years (although there are other immediate potential benefits, like passive losses on your taxes). 

Here were the results:Sales Growth: As you can see, Raleigh and Durham are VERY different in terms of Existing Home Sale Counts YoY.

I am interested in buying a long-term turnkey property in a nice area (I live in San Diego so this property would have to be out of state).

However, co-living allows you to acquire properties with as little as 0%-5% down, drastically reducing the amount of cash required.Instead of needing $100K+ to buy a rental, a co-living strategy lets you start with a fraction of the cost while achieving higher returns.3.

There is a single family home that was divided and one half has been rented and an ad on small "house" that has also been rented mostly long term.