Screening for a good reliable tenant is your most important step, don't blow it.

. ;-) Before you blow a gasket, I've been married to a wonderful woman for over 40 years.

Many believe and advocate that filing a homeowners insurance claim will lead to higher rates, discouraging claims altogether.

it'll take way more cash to do that than to fund 1/2 the mortgage for a year or soYes the numbers will be for year two . im not sure how to force the calculator to factor my first year being as you stated but again i feel that's just a hurdle im going to have to suck up paying that 1/2 mortgage for the year in order to get the ball rolling with this journey. hoping people arnt reading the calculator and saying " look it says year 1 return how is that possible if hes living in it , it must be fraud" its just where i hope to be once i can rent out both and move the kids down to the area.the 600 a month in maintenance and cap ex is pretty aggressive that's 6% per category 3 catagorys . but ill consider that thanks for the heads up was hoping the new construction would lesson that blow for the first 5 years or so.your probably right about the vacancy rate i just called a prop management company down the street and asked them the vacancy rate of that zip for the bed bath and it came back at 1.7 so i used 2 . again probably right to make that higher.. how high do you think ?

My vision involves a $200,000 duplex that not only offers a comfortable and affordable living space but also adheres to the principles of Pretty Good House, integrating the sustainable and efficient building practices advocated by Joe Lstiburek and Allison Bailes.Would love to hear more about your project and perhaps explore ways we can share insights.

The challenge is when there is a valuation or property condition discrepancy, who is going to advocate on the buyer(s) behalf?

If this is the case you could be the next target after your 3 months are up.Of course I'm playing devils advocate.  

Everyone,  let me make the reason for this post clear.A LOT of you all are getting fooled into believing that  to become successful you need to lie to sellers, , low-ball sellers, cold call people, DMM, people, and spend a fortune and a ton of effort into intrusive marketing, marketing to people that never asked and/or are completely not interested in your services.EVERYONE, and I do mean EVERYONE, pay close attentionThose who know me know I have a very loud voice advocating against those practices.

$500k is easy to blow.

Hey Rajshekar, I'm a big advocate for Detroit and own 14-doors there.I just finished a duplex and am closing on my DSCR loan this week.