And I would also say that you will get a lot of great guidance on here.Regarding vacancies, I think that is a personal choice given the circumstances.  

It has separate tabs for CapEx and Mortgage so you can keep the main tab cleaner. 

I mainly work in the Upstate, SC region and attempt to in the Hendersonville area which is easier said than done.

With our joint income, we’d have about 40k a year to invest.We’re pretty flexible people and don’t mind the lifestyle choice behind either option.

You have two rooms off a main living area, and the kitchen/bath are off that too right?  

Hey @Erik Whiting I think the main problem is your rent is abysmally low for your all in price.

If the house main panel has 1 60 amp breaker to feed the second unit you just put the meter in line right after the breaker .Now in this situation you would keep the electric in your name , read both meters and do the math .

If you're in debt up to your eyeballs and you add to that debt each month you have fewer choices in life than someone who has money in the bank and is cash flow positive each month. 

My main point is: If it doesn't cash flow positively at 70-75% borrowings, how is it a "deal"?...

I mainly come to biggerpockets to help/educate anyone seeking advice.