Where are you getting your numbers for insurance, water, & lawn care?

Further artificially low interest rates are propping up cash flow in a way that is unsustainable.

Maybe there is a person from BP in your area who needs some help and could help train you in exchange for helping mow lawns, rake leaves, plunge a toilet or 2 etc.

This amount seems to much for a push lawn mower, and I don't know if that is a big turn off for the average renter.

I want properties with minimal lawn/landscaping, as that is yet another expense.

Yes, they make more $, but I still have to send notices to mow the lawn, put the boat in storage, etc...

While it is nice to have your 8 sq feet of lawn mowed and someone else pay for the insurance on the roof.

Mortage would be 21600/year if give 20% down (70k). 10k for lawn/property tax/insurance.

I need to see insurance, utility bills, bank deposits (to make sure rents are being paid), any other bills for the property (trash, lawn care...).

So I figure 1250 - 100 (management fee) - 100 (lawn care), plus other unexpected costs, I'm probably only going to be pocketing $1000 or less.. on a mortgage of $1470, so nearly a $500 negative cash flow each month.It almost seems like it would be dumb not to sell it as I look at these numbers.