I've obviously already used James Wise guide (https://www.biggerpockets.com/...) but there were some discrepancies in the comments regarding one area, in particular, I was looking into. 

@Jeff Burdick you should probably look at stats before you comment on appreciation in NW Indiana.

I've had this conversation and written similar comments on this forum a number of times this week.

I'll echo Byron W's comments. 

Guifre thanks for the response and your comment makes total sense. 

I like your comment "The closing process can fluctuate between hectic and dead calm, you just have to be ready for what comes your way."

Go read it before commenting, please.  

Looks like the MOST you could make a year would be somewhere near $5000 on this one assuming your numbers are good (See Ramon's comment)  I had a property with margins like this and even the shortest of vacancies and smallest of repairs would ruin a whole year.

They are both working from home but have made a comment about “not needing to pay rent.”

Now is not the time to button up let anxiety and fear take you over.I appreciate your comment!