You dont include the mortgage as an expense.. only on a cash flow analysis..But I can understand why you included  Hi Hai,This property is in Moncton, NBThe market does seem to support an increase in rent.

Hi All,I am somewhat new to BiggerPockets.com and as I've been learning more about investing and learning different strategies and techniques, one question that constantly comes up is: How can I do all of this while I am still in school (last year of college), and while working part time in order to support myself as I begin this exciting journey.

Personally, I like to watch inventory over the 200k mark because I think it's a very healthy way to track the market.

Thank you for replying and giving me some advice and support.

You can't really stop the development unless you get popular support on your side from the neighborhood.  

I think prop mgmt software really depends on how many units you have, how many features you'd like (expense tracking, chat, just rent collection, accounting, maintenance requests, etc), and whether or not you want to pay for the software.For me, I was looking for something that supported multiple users (so my husband mom and I can all manage the rentals together), had chat built into it (again because my family co-manages it's a lot easier to keep everyone on one page here), and also had payments for rent and reimbursements.

@Taylor Hudgins Thank you so much for your advice and awesome support!

Condo sales throughout the island have also remained healthy. 

I have several great working relationships with landlords and work on their primary homes as well, and actually got into REI after talking about it with them.But before you pour your heart and soul (and $$) int building a business up to where you dream it can be, identify that client base and make sure they're really there to support it. 

Unless each parcel can support its own principle building and septic/well its a bad deal.