Expenses are relatively low, occupancy rates are as near to 100% as you can realistically get.  

The median home price is also very low nationwide which creates a low barrier to entry.

Mistakes that cost a lot of money can happen when you're feeling emotional.

However, if the high cost of living makes this impractical, you should consider a turnkey rental property.

This is where your costs will come into play.  

Purchase price: $285,000 Cash invested: $40,000 purchase Price $285kRenovation Cost $40k (on budget)Renovation Time: 41 daysARV: $425kIf you are looking for a long term or short term rental in old town alexandria or just a small / tiny home primary residece with NO HOA right on King Street, this is your home.Contact with questions, interest, referrals of anyone you think might love it. more photos will be uploaded soon.

Hey all, we recently did a cost seg & bonus deprecation on our STR for about $180k worth of deprecation. 

If it has happened, the risk is so low it isn't really a factor.Cheers!

Do you find there are "hidden" costs associated with using Rent to Retirement. 

The bathroom ceilings were so low that I may not even fit in the shower.