I didn't have a specific clause in the lease about dog poop, but the lease did state that I would charge $100/hr for any maintenance that was due to tenant negligence.

The main challenge was discovering severe foundation issues late in the process, requiring a quick pivot.

Explain that if she does not pay rent and there are issues that require repair that you will need to take the issue to court and will win a judgement against her.

They require a lot more hands on care and this could put extra stress on you if you are not local.

After paying mortgage, taxes, insurance, and accounting for vacancy, maintenance, etc. it will be a break-even situation.

In addition to the $2,500 the tenants pay a monthly pool maintenance fees, landscaping fee, and split the water bill with the other unit.The unit has now been listed at $2,300 and is still not rented.

In general the area is over built and has a lot of "mice after the same cheese" one of the difficulties is Baylor requiring freshman to live on campus and them expanding their living learning centers.

The new investment earns $24,000 a year, but the cost of the mortgage + the equity loan will be $22,332—and that’s before you account for taxes, insurance, maintenance, capital expenditures, vacancies, etc.

Some programs don't require first time buyer, just that you are making a sensible move for primary home ownership not as rental

@Ikenna OkekeogbuStarting with a single-family home rental investment in an affordable market requires education, have clear goals, plan your money, and have a team of experts.