I have a 3 or 4 bedroom that I would like to rent/lease to an Adult Group Home or Residential Assisted Living .

When I listed it I adjusted the rent to be a little higher than the comparables in my area, because it was one of the nicer ones in the area but I can't seem to get a renter. over the last 26 days, I have had 46 inquiries and 14 applications, of those 14 applications about 5 of them passed the background check and credit history check. some of them I could not get ahold of their employer or landlord which was a red flag for me. 

Yes, I think our goal is at least break even right now, and hopefully in a few years the rents will be higher and the property will have appreciated well.I think that’s great advice to think long term, which is what we would be most comfortable with.  

As a general rule, it's best to learn how to handle problems before they become problems. make a list of the potential problems you could face as a landlord: rent rates, marketing, collecting deposit, late rent, unpaid rent, abandoned rental, early lease termination, unauthorized pet, etc.

We were thinking to buy a rental property, fix it and rent.

We all know what happened last time the mortgage guidelines opened up.I thought I read somewhere there was talk of a 5% rent cap increase per year.   

COJ defines short term rental as 30 days or less.It is still not clear to me whether rentals impact homestead exemption if you are living on the property and only renting a portion.

Y will collect rents and pay for all expenses on behalf of all rental LLCs.6) Any leftover gains from Y will flow into X which can be distributed to its members at the end of the year.

The DC area is one of the lowest cap rate markets in the country.In MoCo you'll generally need a 40-45% down payment currently to have your rent cover your PITI on a standard long term rental.

YoY is up 2.6%.Rentals - Availability by MonthThe number of homes for rent increased slightly MoM, conforming to the seasonal trend (school starting).Rentals - Median Time to RentMedian time to rent increased slightly compared to Q2, but is still at 20 days.