It's your all-in cost.A monthly disposable income of 5,200 leaves 25% for the rent at 1,300, or about 75k yearly before taxes.Your cash flow with a 30-year mortgage assumes 100% occupancy. 

Property prices will then fall because the remaining residents have less disposable income and landlords will price their properties to keep them rented.

TL;DR FHA/VA is great to use for deals, but they need to make sense under other financing scenarios anyway.Here's what I mean:If you NEED a loan with a low down payment because you don't have the start-up capital, chances are, your disposable income isn't that high.

There is a fine line between capital gains and business income as a real estate professional licensed and unlicensed in Ontario and if you have a good enough accounting firm backing you, you can get away with business income being taxed vs capital gain on disposal of property.

Jermaine hereIf the garage disposal worked when thay moved in then the tenant pays to fix it, and that goes for the drains too.We install debris catchers in our drains you can find them at Lowe's or home depo, thay will save you a lot of headache.

Anyway, they had me keep in contact, and about once a week I'd call the executor to see how he was and he'd give me updates as to what his nieces and nephews (out of town) were considering and how best to dispose of his sister's estate.This went on for 2 or 3 months.

Not allowing the use of personal wipes, not disposing of grease in the system, and usage of friendly laundry detergent should be enforced strictly to ensure longevity.  

I believe that pest control - whenever possible - should be the responsibility of the tenant as the tenant is the one who is disposing of food/trash, maintaining the cleanliness of the property, and securing doors and windows to prevent intrusion. 

Just ponder the probable fate of the absconding tenant with a used major appliance....Think how the tenant probably is sore from trying to carrying it away quietly in the night; may have messed up their old SUV or station wagon trying to fit it in the back; and could have damaged the frig in the move--so all their food will spoil this week when it goes kaput; or they get an expensive repair and may even find out the hard way an old frig can be a liability and costly to dispose of...I like the advice of it being a small price to pay to be rid of them... but do consider a security deposit offset for the replacement cost.

There would be an option for investors to exit after the target investment is disposed (within a year since these are quick flips).B.