We purchased this house at $550k.

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It's hard to answer without knowing this.Hi Tim Yes I am buying it as primary residence, and plan to share room on first year, and rent out entire house on the second year !

I also have some kind of language about that the house rental is not a guarantee, until the background check is completed. 

Hello community,My partner and I just recently paid off the mortgage to our house.

Bigger Pockets calculator asks the following:Purchase Price: 153,000closing costs 7650 (5%)20% down 30600Interest rate 6.5% 30 year loanRent $1330Property Taxes 451/yrInsurance 850/yrCapEx 5% ($66/month)Repairs 5% ($66/month)Vacancy 3% ($39/month)Management 8% ($106/month)Leave utilities blank assuming the tenant puts them in their name, BP calculator gives me 5.33% CoC ROI, which is better than what I originally did.

I've started a rehab on a SFH and after getting into the project, I've discovered a handful of things that will most certainly push me over budget on my rehab leaving me short of funds. 

I requested to have property vacant upon closing however the sellers tenant is refusing to leave because he lives in a non owner occupied unit.

Hi, I'm seeing a lot of great opportunities for houses that are up for "auction".

The high vacancy rates in apartment properties in Memphis may be due to economic fluctuations and demographic shifts; however, they create a favorable environment for potential renters to find affordable housing and for rental owners to innovate and improve their offerings, ultimately contributing to a more dynamic and resilient housing market.