Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.

@Florian N.At an upset sale, what @Ben Corby buys is the fee simple interest in the property subject to any existing liens including Ocwen's mortgage.

There’s a small annual fee for registration, so make sure you stay on top of this to avoid penalties.2.

One has tons of fees, such as a $30 technology fee per unit, per year.

Ultimately its the brokers, PM's and lenders who are advocating for this strategy because they are collecting their fees.

Great hosts will be good neighbors, will contribute to local tourism and will pay their taxes and permit fees* A major area to improve on the proposal is the 1 hour time-limit for resolving complaints.

BUT in vast majority of cases the % rate at which they are being assessed against the property value has laid flat or gone DOWN, not up. 

I asked the tenant that he pay the 2nd plumbing fee of $79.

To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.

If something breaks even now, what could it look like in that time period with rising rents, possible refinance if/when rates go down (lenders are offering these with no fees!)