Also, when screening, make sure to always run a full credit check, background check, and eviction report on any applicant above the age of 18.

@Jimmie Feaster  I think where you're running into issues is the relatively arbitrary figure of 85%. 

Then you have to join couple of associations / boards (relators, tmls).

Seems like the kids our age aren't buying and in NH there aren't that many rental units available.

Are you relating it to Net Worth?

Hi Kusum,Wonderful responses some of these helpful folks gave above so don't want to beat a dead horse but....I will be operating under a few assumptions:I am operating under the assumption that you would like a neighborhood that is more or less safe for yourself or a relative to walk around the area with the young ones.

I read an article somewhere in maryland.gov that indicated the hardwire vs. battery operated requirement was also based on the age of the home and if there is new construction.

Almost all of Woodbury is a C class neighborhood and is relatively safe (father operated business here for few years and was fine, although he got a few crazy customers).

Should close by the end of the month.The Numbers-Sale price: 75kLoan: 80k (closing costs financed)Rent: 775Taxes: 74Mortgage: 388Insurance: 66Maintenance/Repairs: 38Property management (11%): 79CAPEX: 60 (relatively new big ticket items)Cash Flow (self managed): 94I'll have roughly $700 to put towards closing costs and $900 to spend on appliances.

Any relation to Pam???