Those are only niche products within Fannie and Freddie guides.

Average 3 bed house in a decent area is fetching $130k+ (if not rented). 

Outside of numbers I will also look at the area and see what the unemployment rate is and if the median income can support 2.5x's the average rent amount I'm seeking after the purchase - I also look at the competition's rates and quality.

The lender will average in two years.

You see like many average Americans My finances are in a small mess, but I’ve just gotten my income tax return and paid down some credit card debt, so I want to use this breathing room wisely.

Since we just finished a 2-bedroom apartment rehab in central Connecticut I figured I would post some pictures of the finished product as well as some details on the products we used for paint and flooring.This apartment is located in a lower B class neighborhood that will attract solid qualified tenants and the apartment rehab and the materials used reflects that.

The HOA fees will typically kill the cash flow but on the flip side of that you will have a quality product and with generally low maint..

I’m 33 with a wife and two young kids. (3 and 6) I am a full time online retailer and sell products on eBay and Amazon.

The average cap in the area is 6-8%.How do you account for cap ex?

You see like many average Americans My finances are in a small mess, but I’ve just gotten my income tax return and paid down some credit card debt, so I want to use this breathing room wisely.