I'm starting to think ahead about the advertising and screening process and had a few questions.

Oh, and if you are a beer guy then do we have you covered out here.

Usually it's 2 year lease - $59/mo$990/mo = $11880/yearSo, this one gets only 14% per year and he has to save CapEx for roof (it's a ranch) and other exterior covered by HOA in my first example.Third example I'll take from MLS - MF.

The problem is that they want to cover the property for $500k when it is a $50k property.

or if you're looking to buy those properties do you generally just have to expect to pay for $600-$900 worth of inspections to cover yourself from any red flags?

The seller has agreed to set up an escrow account to withhold funds to cover the lost rent moving forward.

@Zach Westerfield did you have remodel costs covered?

But beware, if you use Their title co. they may not search for, and not cover, unrecorded liens.....code violation fines, utility debts, etc.

Do you make enough monthly income to cover your new mortgage and your current mortgage and still have enough to cover your bills?  

One way to get around this is if you cover the remaining amount with your down payment.