A lot of the conversations I had with the realtors that showed it had the same feedback, that for the PITI payment on this property, their clients could probably buy and new build and still pay the same thing (The house was situated rather close to a couple of new build communities).

@Tavish File, it sounds like you would be working to pay MORE money!

I'm more wondering what people are paying per piece for post cards vs. envelopes.

- Have you stress tested the deal to see how low vacancy could go to still pay your mortgage?

And sites that do have stats for your particular area, like Furnished Finder, don't show average occupancy currently.

Ask them if any maintenance is needed and how much they are paying for rent. 

I not only joined this site for the knowledge, but in hopes to find a community of like minded people that are interested in helping others to grow.

I'm thinking about selling in the next year and I have read that if I now live in the property for the last 2 of 5 years that I won't pay taxes on the first $250,000.

Technically SBA doesn’t allow you to pay a second position back for the first 2 years, but there are things you could do to pay the seller back within the first 2 years.

It sits on their credit report for up to seven years. it's a warning to other landlords and prevents them from qualifying for a home loan, car loan, or credit card.I've had some tenants sit in collections for years, then pay everything they owe because it was stopping them from doing something.You should consider a new PM.