@David Harley here's what i see:-Vacancy needs to be about 6-7%-Cap ex needs to be 4% minimum-Management needs to be 10%-Repairs need to be 10%-factor in utility bills, depending on who pays what-$812/m is a weird rent rate.

This would factor in for your long term goals and your ability to only acquire a limited amount of properties in your own name. 

My mom cant work at least right now due to health issues.We have been renting a condo all the time but now since I know quite a bit of real estate I have been telling them that renting tnalthough it was convenient due to different factors it has also been a waste of money.

I live in a developing city (Huntsville, AL) and this is "new" land.

I see so much value in what you are saying about hanging around others who are further along than I and the relationships that develop through that.

Hi all,Been on the house hunt this year for my first property, a duplex in Austin for a house hack.Obviously it is very difficult to find a cash flowing rental in Austin proper; but, we're not really interested in moving out too far from the center of town, for lifestyle reasons.Looking at one potential property, and it looks like, factoring in net rent from one half  of the duplex, property would 'cash flow'  -$2000/mo (FHA loan, 3.5% down). 

Also, the association controls finances, insurance and many other things, a friend of mine has a condo in a unit mainly controlled by Canadians that are seasonal, in their infinite wisdom they decided to not maintain flood insurance for the development (they are in a flood zone)  now the units are unfinanceable , so the values are lower because only cash buyers can buy in the building.

I'm a software developer and have worked with a bunch of REI companies that use Carrot. 

Hi @Stephanie Trevizo - what do you factor in for vacancy in LA when running numbers on a deal?

Another factor is the loan available for primary residences are some of the best!