While the potential rental income of 4K is noteworthy, it's essential to consider various factors.The local real estate market conditions, property management costs, and potential maintenance expenses should be factored in.Additionally, evaluating investment alternatives like the stock market is prudent.Renting out a property can offer long-term benefits, but careful financial analysis is crucial to determine if it aligns with your overall investment strategy and goals.

You'll also have to factor in Asbestos abetment which is quite expensive.

Its seem that  the wind coverage that is expensive part of the policy.

@Torianne Baley This is a pretty expensive loan.

Fair housing: you must treat all applicants and tenants the same or it could be seen as discrimination.One thing you could do is ask for a co-signer if the tenant does not meet your criteria.Keep in mind, a bad tenant is always more expensive in the long run then a vacant property.

Expenses related to maintenance, repairs, and improvements on the property may be tax-deductible.

Both of us have corporate jobs with decent salaries, so we are saving about half of our income every month after all fixed and variable expenses and we have no plans to move in the foreseeable future.

As well as where cap-x is at with existing property, what expenses are to come and how soon.

The ADU did a site visit, and the takeaways included adding a second story would be significantly more complex and expensive than a backyard ADU.

I was mainly focused on the Class A but they are 175K more for 2-300 sq ft + garages and only get 200$ more per rent per side (this is a 2023 duplex - No garages 3/2/0 1100sq ft per side. these are day 1 numbers with base case rents (rents on a class b are supportable by section 8 where as the other more expensive units would be too much for the same 3/2 .