Taking into consideration any repairs, maintenance, and unexpected vacancies, what would I need to be netting from rentals each month in order for the deal to be worth it?

It seems that here people are counting on appreciation and/or rising rents.

Being a landlord in a tough neighborhood presents challenges, however if the property is a moneymaker it is worth consideration.

When prices rise at a very high rate, that is almost always followed by a significant correction.

-Jerry There are other considerations that Intuit (Quickbooks and Quicken My Rental Property Manager) don't address, namely: 1.

Another risk is rising interest rates.

Often when you tell them that you're an agent and you wanna buy they're place, they don't want to deal with you because they think you have some insider advantage, trying to take advantage of them, and they won't give you the same fair consideration many of times as they would just a private individual with no professional licensing.

But at the same time a realtor knows the market and if you present something way way way too low they usually will not give it decent consideration.

I do think rents may be able to rise over time.

I am pretty thrifty and so is my wife, so spending the savings on junk wasn't even a consideration.