It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.

Shortly after this, I was reviewing some of our financial statements one month and noted a $2000.00 charge from the HOA management company. 

Renting at FMV ensures the property qualifies as an investment while preserving its long-term utility for your portfolio.This post does not create a CPA-Client relationship.

TO put it in terms, I got to a point in sec8 where we'd come into a unit and say "Oh man REALLY, come on, can't it just be a dead body or something" lol. 

So population decline either with Celestial deportation or with a more southerly route may not be good long term for housing market?

Our city holds a lot of gems if you know where to find them.

The reason I ask is at that rent point there is no profit on a sustained hold.   

I'll message you shortly

In short, I can afford the additional $1100/mo cost of a second house, even until I rent it out.I have around $35K in HYSA and emergency funds that I could use for a down payment, but that's less than 20% which would be required for a conventional loan, assuming full purchase price.

Early 2017 investment, assumable, high 3s fixed-rate debt with a 5-7 year expected hold period.