Just food for thought, there.

I feel this is a benefit, most renters aren't that carful when cramming food scrap down the drain and that will reek havoc with your system.

I'm just getting started investing now...hopefully someday soon I'll be back with more questions as I move up the food chain. 

While I've enjoyed the educational value here on BP, you're going to find that about 7 of every 10 posts are telling you why you can't do something, or why a certain strategy is dead, complaining about fake gurus, telling you something is "just reality," blah, blah blah on and on... take it with a grain of salt.I'm not saying you need to spend money.

I'm by no means a seasoned investors so please take my advice with a grain of salt.

Then say to yourself, what would have happened to you had you only rented for the last 10 years in that area you really want to live.After that, then you can decide if you should buy your own residence, house hack it, or rent and buy a cash flowing place somewhere else.Just food for thought!

I invest in Arkansas but not in SFRs so take this for a grain of salt. 

A complete solution is preferred IMO.I also do not know Duchess county so take this worth a grain of salt (default to your agent they will know the market).

Your the bank, the higher up the food chain you are the better position you are always in2.

That "percentage" to someone else may be food on the table, especially when talking about tenants on in your mentioned socioeconomic class at 400 dollar doors.