It's truly one of the best markets in the country due to its affordable housing, its combination of inflationary factors and its landlord-friendly laws.

Lastly, install the combination locks, then all you do is change the code for each renter, MUCH more cost effective . 

Should I ask them for their combined gross salary to determine the rent to income ratio?

@Sue ZikriaI do a combination of BRRRR's and turnkeys.

I have $165,000 in combined equity in my condo units currently.  

It was backed by Y Combinator.

In a nutshell, it states you buy a property, rehab it and then use the new equity created as the down payment when you refinance this have little to not money out of pocket in the deal. 2) I would speak with a lender as I am not sure about this but IMO if you go ahead and split the lot and it has an appraised value of around 100k, that gives you more "equity" if you were to get a HELOC on the combined property.

More important than reported financials is local expertise on the area and tenant behavior combined with an understanding of the building's characteristics and condition.

Likely to the dollar losing value as much as increased demand for the real estate, but appreciation is appreciation.Muni bonds are ok, but the interest is very low and municipalities are going broke all the time.Give me my tax-deferred appreciation (as small as it may be) combined with a depreciation write off, 10 percent cash on cash return (after expenses) partially sheltered by the aforementioned depreciation deduction, the ability to increase future rents to offset inflation and I'm one happy camper.  

Combine this with the amount of rain we get and a basement spells disaster.I think I know the area you are talking about as I’m moving that way personally.