@Grant Shipman newbie hete, how do I locate the podcast to learn more?

The only exception to that is the Eastern Panhandle near DC.I’m not sure about this specific deal, but knowing the location and little to no cash flow, no way I would buy this. 

Anyone here have experience with Rent by the Room in CLEVELAND HEIGHTS?

Lastly, the home needs to be rent ready so it can pass appraisal (cannot be under construction).

The rents from the acquired building allow me to pay down the HELOC at an accelerated pace. 

I'm looking at a condo in Mesa and would love to talk to someone who is currently renting in that market.

@Ivana Ivanovic I would say 8% is low to cover both vacancy AND repairs.If you expect to incur just one month of rent lost every 12 months, you'd be looking at an 8.33% (1/12 of gross annual income) vacancy rate.And, even for a brand-new build, you're going to have some repair/maintenance costs as long as you've got human tenants.

For me, cash-flow in my pocket NOT including mortgage pay-down and AFTER budgeting (setting aside money) for soft expenses is ~21% of incoming rent.

“Genius” me agreed to rent a house for them in exchange for fostering a few of my dogs (I run a dog rescue group.)

You are overthinking the stuff, but not the location.