A pre-liminary Team typically include an Attorny, a real estate Agent, a CPA (or accountants), Inspectors, General Contractors, and Handymen.  

I am reserving the master bedroom for another person who is considering renting that full time (and happens to be a tutor so that might work into a helpful situation for them both), and I would stuff myself into the last bedroom and share the hall bath with the part time tenant.Additionally something to consider is that I will be doing work on the house over this year including the kitchen, the new 3rd bedroom, and the hall bathroom.  

Everything was replaced in the house with exception of the things that were new about 5 years ago including A/C, Plumbing, Electrical Service, and roof...

Investors who might benefit would be considering the following cities for investment: Fall River, New Bedford, Westport, Swansea, Somerset, Darmouth, Taunton, Freetown, Falmouth, Brockton, Fairhaven, Dighton, Rehobeth, Seekonk, Berkley, etc..If this is something your interested in attending and I didn't include your city feel free to let us know!

The company I work for manages approx. 100 sfr and small multi-units in the Whittier area (mostly along the 605), and expenses for our units (including common area maintenance, regular maintenance, turnovers, and cap ex) have historically averaged around 40% of rental income.

Write up YOUR offer, include proof of funds that you are serious and credible.For parks we never bothered wasting anyones time with a LOI.  

A preliminary Team includes Attornies, real estate Agents, CPA's (or accountants), Inspectors, General Contractors, and Handymen.Always remember to do a math analysis and try to look at prospective properties before you make an offer or at least have a clause in the sales contract that allows you the time (about 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that will hurt you very much.  

The article includes heat maps and other statistics related to rent/sqft ratios in different rental markets throughout the country.  

I'm expecting to be all in for right under 200k with this setup (including lot). 

The tenants are smokers, have a record, and are possibly getting a dog (through some type of disability program) even though their current lease says 0 pets.