It's a convenience factor for me. 

So based on those two factors I started leaning towards this area of real estate.

Good morning BP community,I could use some guidance on those who have dealt with really old houses. 

Gooooood morning BP nation,I am very excited to be part of this awesome community and I can't wait to link up with you guys. 

I want to roughly factor in a 60% margin after factoring in expenses so even if expenses are under I’ll pull out the additional for any potential cap ex down the road.They said they’d provide a full year rent roll and financials breakdown after contract is accepted but the gave me June.What do you think of these numbers?

As someone who lost over $100k in new construction (you can listen to my podcast on BP if you want to hear more about it, in my signature below), and about the same as you if you factor lost appreciation, losing that kind of money is a very tough lesson.

He has live music several times a week, has theme nights, like Mexican Food night- this is all great and within the terms of the lease.The tenant had a zumba night one week ago for the first time, and just posted to social media that they are starting a weekend early morning yoga series. 

Heating cost and surprise repairs not factored into that $2900. 

Market prices are influenced by other factors too.

Which is 5k gross a month (don’t factor taxes in your DTI).