It took her 6 months to find an entry-level position, sort of in her field.

There is the sticking point.Basically for that level of price increase, you will have to get past the 12 month mark.

This is a mid level rental - maybe I will just have them do the walls and I can do trim at another time down the road?

We are a good fit for our own special skills.

By contrast I can get in touch with a Realtor in my farm area in Pennsylvania and ask for a list of MLS properties $25k or less that rent for at least $500 and she'd ask me to be more specific.There it isn't that hard to find listed properties that still can hit 3%.Fyi these are mostly B/C level areas and there really aren't any war zones even if you wanted to go to the worst part of town to milk a tiny bit more cashflow out of a place.

The current tenant's lease ends next month, and the house would sell for more as a single family in that area than a rental.On the most basic level, if I can sell the house for say $120-130K, minus what I still owe on the mortgage - around $40K, say I get $80K back from that.

Keep in mind that older properties will generally have more problems and if your handyman skills and cash reserves are limited, a leaky roof or broken furnace can kill your budget.

Troy Fisher What are you seeing for occupancy levels?

Thanks to BP I have leaned more about this niche and gained confidence to move to the next level, acquire and hold some properties and eventually have more freedom to do other things and pursue other passions.Once again Thank you BP and I'm looking forward to sharing my future with this amazing community!!!!

Every inch of the block is occupied.Explore what works best for YOU and within YOUR comfort level.