It's been generating an average monthly profit of $1,000.

The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.

This example is an apartment complex in an industrial area owned by an airport.

After discussing with Justin, I am certain that we can help you in your scenario as you and your wife transition from one industry into more real estate.

Tenants stay for many years vs vacancies every 17 months on average with MF.

I know over 9000 new units were built in 2019 and construction is the biggest industry in Phoenix.

Conversely keep in mind the prevailing "average" for Property Management fee is 7%+.

So, in your example it might be at 9% interest rate which would make the weighted average HIGHER than taking out a mortgage at today's interest rates because the 2nd mortgage would be 3x as much as the 1st mortgage. 2.

San Diego SFH rad average rent increase of $600/month last year (source Core Logic).  

Do the Airbnb discounting, price a little under market, make sure your cleaning fees are at or below average, looser cancellation policies will all help.