Unfortunately when it comes to tenants once you start down that path nothing will ever be good enough.

Generally on larger projects ($5mil) and up, the percentage is 3-5%.

That's about all I need is the 1/1 and was hoping to rent out the other larger 4/2 so I wasn't paying for a hotel when I was in town.

PS landlord tenant court is a complete joke. if you have the keys to any vacant apartment in this city you can walk in and just sit down without ever seeing the owner and the owner will have to go through 6 months of court to get you out because the city doesnt want more homeless people so they dump the responsibility on building owners!

Happy to chat anytime if you ever have any questions!

Article from Bank Rate say NEVER EVER....etc.  

They did require a larger down payment because of my lack of experience but I was expecting that and I'll be able to refinance it all out anyway so its only a temporary outlay of money.

It's larger than yours but they are so great So yeah if the math works it's a no brainer.

I would urge you to not give up on the market entirely due to one bad experience, but that is a decision only you can make.Having said that, please let me know if you'd ever like to chat about getting back in the market here in SD.Always happy to help!

Nobody even checked the title of the homes to see who the owner was, but if they ever did, I would tell them that I was part of the investment using my credit to help out and do the management, but ultimately my boss gave the money and had the control.