i've always been afraid to step up to a higher dollar amount per unit in case those rents fall, and then you're stuck with an expensive property that isn't cashflowing....i'm paying around 10-12k/unit for around 375-450 rents...great cashflow, but when you think that a fourplex i had grossed just a little over one of your apartments each month, and i had to deal with a lot of crap there, you begin to wonder about other strategies...

What about employees?

Bad conduct or gross negligence is not well protected in any entity.

With a 25-30k investment you can get on average $500 gross monthly cash flow, up to 20% + ROI !!

BostonHome,Generally speaking, you will need the monthly gross rents to be about 2% of the acquisition cost (purchase price + rehab) if you want it to cash flow.

As a former employee of said company, let me first say I'm not here to bash them - even though I'm now working for a new, similar, (albeit), much smaller localized start-up.

I'm going to assume it generates something like $800 a month in gross scheduled rents.

This is, that 50% of your gross rent will be used up with expenses to run the rental.So, if you have a property with 1,200 rent your income monthly will be approx $600.If you choose somewhere else to live, that will cost you greater than $600/month, you may as well stay in the home.

*Your exact probate cost is unknown but the average cost of probate is 4% to 10% of the gross estate?

Deductions from Gross Income bring down your Adjusted Gross Income and thereby your Taxable Income.