I was thinking payments around 5k per month, that way I could still make the payments even if I dropped to 75% occupancy, for a total of 6-7 years and then have a balloon payment on the back-end I suppose. 

Obviously not sustainable long term either.Total Return for the first year: -3,600(cashflow) + 5,694(equity) + 24,375(6.2% appreciation) + 4,000(tax break) = 31,000Total paid for property: 46,883.39 Total ROI for first year: (total return/total paid) = 66.1%There are two things happening in April 2015: Getting a new appraisal to drop the PMI (the market prices here have been growing at 6.2% year over year) and the raising the rent to market rate.

First, any area where the soil has a heavy clay concentration and temperature extremes is going to have similar conditions. 

The letters are easy if they are in my neighborhood because I can just drop them in their mailbox.

At the momvent I on the <b><a href="http://www.2014snowboots.us" title="snow boots clearance">snow boots clearance</a></b> Cote D and the temperature here today was 33 degrees Celcius.

Ours was a single family and the other persons was a 2 bed condo; I think once people can't move before school starts the rental market here diminishes a lot.I didn't contact people who had looked previously because I figured if they were still looking they would see my price drop on the websites.

Drop me a Dm!

Costs per unit should drop as you grow.  

Just wanted to drop in and say hello.

Good call on the property management - assuming 10% I think my net income (so to speak) drops to around $310/mo and DSC drops to 1.3.