The property management is going to make or break the success of your rental.

Hi, I am a first time buyer looking to break into the rental market. 

Then show the NOI, cap rate, rent ratio, break even ratio, etc... and then also show estimated for a leveraged purchase.

Do you mind breaking down your monthly expenses of $744.25? 

So ask yourself if you want to rent to someone you know is breaking the law.-- The income they do report (which is probably very little) could put them into a protected class, making things like evictions harder (always check state and local laws when it comes to that).With all that being said, the risk is on you.  

Regarding down payment:  If you can put 20% down, this is very favorable and will save you from having to pay private mortgage insurance.Buying a Home to resell in 1-2 years is speculative and a break even proposition, at best, considering closing costs and fees.

What the consumer thinks is a performing asset is a lot different than what a financial institution thinks is a performing asset or what a regulatory body thinks is a performing asset.

You can usually just send your list to printing company and break it up any way you like.

Would love to help you break into this market!!

Long weekends, holidays, winter break for students this passed year I was renting for $200/night mostly on weekends.