I've lived in the PNW for 25 years, but I'm hoping to start building a rental portfolio in my hometown of Lexington, KY.

You need time to get your feet wet - and doing it on a small scale is WAY safer than getting into a 6 figure renovation.Flips are for one time cash, and rentals are for long term cash-flow.  

Folks,For one of my rentals the rent is around $5k per month.

@Ray Dixon, to learn more about short-term rentals in and around the Atlanta market, I would highly advise joining the Facebook group, Atlanta Metro Short Term Rental Alliance.

By negotiating 20-35% discounts, we managed to achieve cap rates between 9% and 14%.I've also started managing properties for three of these clients, listing their rentals and ensuring everything runs smoothly.

Hi @Christopher 'Bear' DeSanctisThe debt service coverage ratio is derived from measuring the PITI (+ Association dues if applicable) versus the gross monthly rental income.

Three people signed the rental agreement, which states all tenants are joint and severally liable.

This video is pretty helpful and goes into detail about the Jacksonville neighborhoods: Tour of Jacksonville FL Neighborhoods for Rental Property InvestingHope this helps!

Purchase price: $137,999 Cash invested: $15,000 Sale price: $260,000 Rental House purchased in 2006 and was my primary residence until 2019.

We see it more often than anything that people come into the business and within three months, they already give up because they thought it was going to be such an easy business because of how people portrayed it online.