Then add in the capital expenditures if you keep the property long enough.

@Mohit AroraLet’s also look at realityTenant doesn’t move in and then you have to “evict” a tenant not there and lose rent and try and collect something that doesn’t existLet them out of the lease, potentially keep the deposit and move onThis is why I also recommend a property manager - they typically will save you in the long run

Do you know anyone in the states you mentioned who could do a preliminary property search, keep an eye on your properties or give you feedback on those areas? 

Dear teamLooking to buy the5861 N Ridge Rd W, Ashtabula, OH 44004Which things to keep in mind while buying Land>

With inflation and unstable supply and demand makes it hard to keep stable.

Most of the time, markets are cheap for a reason - keep that in mind. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

It may be easier to utilitize a kitchen cabinet or buy a free-standing cabinet you can keep in the main living space.

Please keep in mind that unless you are a real estate professional or utilizing the short-term rental loophole strategy, you are creating passive losses that can only offset passive gains.

I typically buy and keep.