If you make this election, include the interest in the total on Form 1040, line 62.

Request the tenants leave, flip to 3 bedroom, and rent to new tenants at $986If I convert from  2 BR to a 3 BR, I've calculated a payback period of 2.3 years... here's the high-level of how I came to that number:Annual Opportunity Cost:3 BR vs 2 BR Rent = $2,790My Time (expect less needy tenants) = $1,183TOTAL OPPT COST= $3,973 <-- This is a favorable numberCost to get unit ready as 3 BRTotal to flip = $7,551 (includes paint, new floors, converting basement to bedroom, etc)  2 Months lost rent = $1,510 TOTAL UPFRONT COSTS $9,061 <-- This is an unfavorable numberPayback Period =  $9,061 / $3,973 = 2.3 years (Note if I'm conservative in my nubers, this becomes 3 years)Couple more things to note, they're set up on re-occurring payments and have not missed a payment.

I agree with that philosophy totally and have had great relationships with my tenants.

For this year, the completion of 11 office buildings projects in the total area of over 200,000 square meters is planned in Bucharest.

Generally your target monthly rent should be a minimum 1% of the total value of the property.

There may be some slight changes since the official counts come out after all certificates are paid.Rates were down this year along with the number of liens available, and total $ sold.

Is it possible to each have our own FHA loan for a total of 2 though?

Investing in CA will maximize your equity/loan pay down (vs cheap properties out of state), maximize the total value of your treasured fannie/freddie loans, save you travel expenses, leverage your money to higher appreciation, low property taxes (as a ratio), and low insurance rates (as a ratio).There is no rule that you have to invest only for appreciation or only for cash flow.

.)- Appliances: $6000 (GE, whirlpool, LG, Bosch, no viking)- Countertop Quartz for 60 sq ft; $4500 (Includes installation)- TOTAL : $24,500

The association consists of 3 12 flats, so 36 total units. 22 of them are rented.