If your goal is not current income but future income and your credit is good , consider buying a more affluent area get a 15 year mortgage and and let your tenant pay for your investment.Just something to consider , hope this is of value to you

Those properties are amazing to have in your portfolio as they not only generate better than market returns, but they also allow you in the future, to have an asset to borrow against to fund more deals.In any of those examples you are still dealing with a more stable asset class than anything on the stock market and certainly anything involving VC.

This helps mitigate the risk for the Note Buyer & if the Note performs well, you will have a more valuable instrument when you get it back.  

Are those meetings at 6 AM or PM?  

If she does not move by then, well it would be time to take a more severe approach. 

For a more in depth analysis I would highly recommend using the calculators and deal evaluation tools BP has.

so if the 2% rule is not that accurate, which would be a more accurate rule to find rental property or does it depend on what works for you?

I believe that almost every state requires at least two years and sometimes three years of working beneath a more experienced broker before allowing you to strike out on your own.

. - She stayed at her current place for 8 years, so she is likely to stay longerCon:- Her current house is in a more seedy part of town.I asked to visit her house (I want to see how clean she lives), and she seems a bit uneasy about letting me come right away & asked to schedule a time.

Tatiana K.I'm not sure what neighborhood demographic your rental would draw so only making an assumption with it being a 1/1 you'll more than likely have a bachelor/bachorlette or a couple living in the unit - I'd spring for the shower.If  you had a more family oriented unit or your neighborhood will still draw families to a 1/1, stick with the tub.If you haven't already thought through the maintenance/functionality issues - Steve raises some valid points about water around windows, proper ventilation etc.