It was our first experience running an Airbnb so that can be challenging in terms of getting a reliable house cleaner that can get in and turn the beds in a short time frame, having to furnish a property can get expensive if you are not able to find good deals and we are still in the process of a partial release with the mortgage company for the lot.

I have a duplex in a rough area that brings in $1200 (two 1 bed 1 baths).

Make sure you include the bed bug addendum, lead addendum, mold addendum, water heater/smoke detector addendum, plus any other ones relevant to your property.

Purchase price: $260,000 Cash invested: $40,000 2 Bed/2 Bath Condo overlooking North Lake Shore Drive.

It has 2 beds/1bath and unfinished basement.

I’d either have one unit that’s a 5 bed, 2.75 bath with a couple bonus rooms and an office.  

It's about 1250sqft 3 bed/1 bath with in inlaw suite out back.  

About a dozen rental units on the market on Craigslist and a couple of local property management companies to use. 1 beds are $550/month with heat included, 2 beds range from $625-850 (some listed at $1000 furnished), 3 beds about $800, one larger management company that lists about 75 units on its website only has 1 vacancy currently. 

(typo, I meant bad not bed credit... the system won't let me edit the title afterwards, :p )Dear friends,  I have an applicant for my rental property. 

Selling Price: $439,000Offer made: $400,000Down payment: 20% $80,000Taxes: $9,200 per yearHoi: $1,680 per yearSewer: $900 per yearP&I: $2,481 per monthPublic sewer, gas-natural, public water.Unit #1 downstairs (2 bed 1 bath with 1700sqft basement unfinished).