However, the sample size is 1,665 leases year-to-date.In the City of Austin, the median rent for a two-story single-family home year-to-date has been $2,800/mo.

However, it's crucial to exercise due diligence when using such platforms.

If Tenant Defaults under this Lease, Landlord may exercise all rights and remedies available under applicable law, including the right to: (i) terminate this Lease; (ii) regain possession of the Property through an eviction or similar process; (iii) recover from Tenant all unpaid Rent, including unpaid Monthly Rent, Additional Rent, Late Fees and, if applicable, holdover Rent for the period prior to Tenant’s delivery of possession of the Property to Landlord; (iv) recover all Rent payable under this Lease for the period from the date of termination for Tenant Default through the stated Expiration Date, less the amount Landlord is able to collect from any replacement tenants for that period; and (v) recover allreasonable costs and expenses incurred by Landlord in repairing any damage to the Property, caused by the improper useby any Occupant or any guests of an Occupant, less any amounts obtained from the Security Deposit.

500 is a pretty small sample size so maybe it was just a bad list/bad luck.

Therefore, it helps to include it for the purpose of the exercise.

Residential real estate investment is a commercial exercise.

Below is a sample P&L (it is a real P&L from one of our parks) that will give you an idea of overhead.

There was a sales contract that included an exercisable option to purchase.

I have performed this exercise a number of times using my own personal credit cards, and other lines of credit.

Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.