DM me the details, like taxes, HOI quote, etc and I can explain further.

The zestimate is currently at 114.6k but as you can see the purchase price is currently at only 69,000), bringing my mortgage payments to 5,034 per year.If I am able to keep the tenant upstairs, I don't plan on getting PM for as long as they are there (while I still lived there).Also accounting for them to stay I have a 0% vacancy rate for the first year or two while I lived there.For the one unit my GOI is at 7,800 per year with expenses such as GM at one months rent for the year (650), grounds keeping at 45 per year, property taxes at 2,000 per year, and HOI at 924 per year, bring my grand total for expenses to 3,619 per year.

The zestimate is currently at 114.6k but as you can see the purchase price is currently at only 69,000), bringing my mortgage payments to 5,034 per year.If I am able to keep the tenant upstairs, I don't plan on getting PM for as long as they are there (while I still lived there).Also accounting for them to stay I have a 0% vacancy rate for the first year or two while I lived there.For the one unit my GOI is at 7,800 per year with expenses such as GM at one months rent for the year (650), grounds keeping at 45 per year, property taxes at 2,000 per year, and HOI at 924 per year, bring my grand total for expenses to 3,619 per year.

If your looking to save money try People’s Trust its a different concept in HOI you have to use there contractors exclusively but premiums are super cheap about 1 quarter of what the other companies quoted me. https://peoplestrustinsurance.com/

Thanks Ho! I

Other issue is I have another property in my name fully paid for and my father pays the taxes and HOI on it.

Thanks in advance.Mark Mark Ho,I don't think that is a bad idea, however, I would charge a percentage vs. a flat rate.

Hi @Tony Ho -  i just sent you a note.

But you will have to count your proposed mortgage payment (including PMI, taxes, and HOI).

Title cost’s vary so it’s always wise to shop and setting up your escrow are always a tough in the cases that multiple months need to be accounted for but usually those are done accurately to protect you so your HOI and taxes are paid timely and their is no shortages.