I was informed of high water bills on April 1 and had the problem fixed across April 7-8.

It could make sense to take advantage of minimal competition and relatively "low" home prices while interest rates are still high.2.

If they have actually proved mold (highly unlikely) the next step is to carefully evaluate their report and see whether the tenants actions/inactions may be the source of the mold...

Properties located in areas with high crime rates may be less attractive to potential renters or buyers, which can lead to lower property values and rental income.Neighborhood DemographicsThe demographics of a particular neighborhood can impact the demand for housing and rental properties.

My first rental, and I will have a very small cash flow (Thanks to high rates and high prices, but I took the plunge and decided to get into it anyways to build long run wealth).

Here are the details at a high level:Purchase price: 174,000Closing costs: 2,000Down payment: 20%Rental income: 1525Monthly expenses: 487 (insurance + tax)Maintenance: 128 (1% of purchase price)10% vacancy: 150Self-managingI am not sure what interest rate to use to get the monthly mortgage amount.

(It was an image.) 

Considering the high interest rate, the projects and COC return seems too good to be true.

If purely residential, creative use strategies and layouts can really help boost yields and the resulting quality of the product.

LOL.There’s a WORSE WAY and a BEST WAY to try to obtain items 1-4 aboveBEST WAY: College or Professional Association courses in real estate (real estate license course as a base) and work experience for a REIT or other professional real estate organization and capital saved or equity raised from private parties with a MODERATE amount of debt leverage and or utilizing creative financing with low interest rate debt (may be highly leverage)WORSE WAY; Any guru courses or mentorship’s combine with high interest debt.