It seems as with a business your size it could take some time to enter for example; 50 costs for a given month.

I don't have $120k for the down payment and if I did I'd be leveraging it into a deal 5 times this size.

Based on the size of the house, age and any deferred maintenance from the previous owner, this number can fluctuate quite a bit.

Your system will need pumping depending on how many people live in the house and the size of the system.

Hi Roger,Yes, here in Milwaukee, things seem to be going well for the various people I know currently in the landlording biz, including myself (in a small scale as of now) As Nathan mentioned, here on BP Milwaukee has been getting a fair amount of attention lately, or even for a while now but I'd agree that there are probably a number of various mid sized metro areas that can be good places, or certainly in our current market conditions, which seem to be a very good time frame now for owning residential rental units. 

Also remember that there are standard closing cost related with any size mortgage.

It depends on the age of the home and the location and size of the lot.

Shrink the room size by 3/4" by just putting 3/8" drywall right over the wood.

Age of home, square footage, proximity, date sold, lot size, then a little guessing.  

However, the people that were approved and ready to sign the lease backed out this morning...Concerned about the size and wanting a yard for their kids.