Right now in Omaha, you probably can get a single family home in a decent area that would hit the 1% rule with that budget.

I would take 50% for money unspent on the budget.

g=7wFf )Keep in mind, using the 1% rule of thumb (monthly rents ~= 1% of basis) and 50% expense rule of thumb (operating expense and vacancy ~= 50% of gross rents), unleveraged, results in 6%.

(i.e. disputing that comments were written in MLS listings after I sent the listing in with the comments highlighted;  saying that a sale hadn't yet closed when I submitted both the listing and the transaction history from the title company showing it closed 2 weeks before appraisal date)I am following all the rules and going through the appraisal management company.  

Hi @James Carpenter, if you are an accredited investor, you can buy into institutional grade $50-125M projects with as little as $100,000 and diversify.

.- this was like 1% rule deal.

If I were to take this $$ out as regular W2 income, the tax rate will be 50% (CA + Federal).  

Do you guys have general rules of thumb for averaging these percentages?

For instance, I'm assuming Redfin is a brokerage in all 50 states.

The only landlords I know that do well in this space own 30+ doors.It's simply the 80/20 rule. 80% of you tenants will be just fine and 20% will not.Other ways to improve your numbers are to own fully renovated properties and great property management.