Now TRY to find any 2,3,4-plex that will duplicate that $636 - - doubtful it can be done, as the extra expenses would eat the cash flow.

Whenever I said that,  they were very very appreciative of my 'kind heart' and really worked extra hard to do what I told him to do for other things.

This recession has been extremely hard on new residential construction, and not left us with a lot of extra cash.  

I picked up a part time job doing delivery for a pizzeria, and while the people around me are laughing at me because they see a 30 year old delivery guy, they do not know that I took the job to not just make extra money to fund my marketing but to also be able to drive for dollars and get to know my surrounding areas.

Are you willing to take on the extra administrative burden?

@Sean Apple Welcome to BP and congrats on looking for better ways to save and grow your extra income.

My agent and I are going out this afternoon for the 3rd time, just being patient and I want my first one to have a little extra padding for mistakes which I'm sure will occur.At what point in time do you recommend establishing a LLC?

(I would advise if the answer is yes to make sure no viscous breeds are allowed and also get an extra security deposit and possibly extra monthly rent.)Also, something that helped us that you might want to consider is for your credit check is that the score matters, but we look deeper than the score if there are things that come up (and in New Brit there are usually things that come up).If tenants are skipping out on "modern life essentials" like utility bills, cell phone bills, car payments that is a huge red flag.However, if it is a result of medical bills or student loans (or possibly a foreclosure during the crash) you may want to look past some of those.

An extra $100 a month doesnt sound like a good deal to me. there must be more to this. 

Raising rents $100/mo on a 10% cap property will get you an extra $12K in value/sale price (assuming nothing else changes) while doing the same to a 5% cap property will add $24K to the value.