The property management company is strict dti of 27%, no lates on the credit report in the last year, and verified income/background check.I feel okay since my raise is more than that it's about double that after tax, so essentially they (tenants) are paying my mortgage and that's after fees and assuming 90% occupancy.It might be easier if I had tons of money saved, but I only have about 12k in savings and would hate to eat all of that plus more in a sale.Seems okay to me what do you guys think?

With attorney's, they all eat.

I would agree with Jordan, even though the numbers sound great, you are looking at just a couple problems eating up your 'instant equity' when you repair them.

I'm talking eat sleep and breathe....so yea here I am.Me and a friend of mine.

Everyone has their own beliefs and values.Mine is if you can't afford to tip then you shouldn't go out to eat and should eat at home.I am not talking about children but adults.If someone is giving service it should be paid for.On the question of tenant mix unfortunately on my listings I get it more often than I would like to.When I ask why the investor says because of their experience of owning multiple properties over years and years they have learned certain things.I just tell them I can't comment on such matters because of fair housing laws and that gets me out of a uncomfortable situation.Sometimes on these deals my job is to close it and move on never to see a certain party again.At the end of the day the business isn't all roses.The investor will say if it's too much of this mix you will be dealing with this problem and too much of this this problem.I will say I do notice trends.For instance in eviction court when we had to go multiple times over 3 weeks to evict about 95% literally of all cases the tenant was XX but there were tons of other classes renting in the area.So all I am saying is that is an observable trend for the area and a fact that is present.I also know it doesn't include people who do workouts before the court date or leave on their own accord.

Ohhhhh duh is cus I'm eating a brownie kanaka *_*" There is no way would I let her in my place because I know she is a party chick by her Facebook posts.

The termites are actually eating the paper off of the sheetrock.

That eats into your profits in a big way, and in a painful way if you haven't been setting aside reserves.

., which would eat your lunch. - Take possession.

Now you might have to do evictions on some tenants and repairs that could eat up the 35k.