At some point, it makes it much easier to handle the big ticket repairs when you have enough total profit coming in from all your rentals.

So, if you stick one in someone's yard, even with their permission, they may get a ticket.

Other things to consider are big ticket items(roof, water heater, flooring, furnace), evictions etc.I noticed you state a lot of these numbers are disclosed by the seller.

If you found before buying that all windows needed immediate replacement then you would deduct say 20,000 as CAPEX of the price and arrive at 122,000 for a purchase price.The big ticket repair items that have been deferred where the seller has sucked out all of the cash flow over the years you have to make the seller pay for that in a price reduction.

Enough for a few months and a fund for big ticket maintenance items like a roof?

I just met a woman on a flight last weekend that is heading to Afghanistan for 18 months as a contractor and she is doing the same thing you are doing.

Looks like I'm not the only one with balls if you're thinking of those 5% offers ;-)=======================================Quad....Get me some free tickets k so I can fly around and get that soar a** feeling.

Even lottery tickets require you to do something.

My husband and I discussed it and decided, if he could afford $100 a month and to make sure he never gets a ticket, we couldn't afford to have him living in the street.It made me think of my Mother who perished on Skid Row and how many more souls could be saved if they had a place they could afford to stay.

The VRBO calendars help, but you won't know if the books represent full-ticket guests or owner usage.   4.