It's a bit longer to get to the med ctr, but you won't be living in the popular area for med students (around Herman park, which is right next to the med ctr, but also significantly more expensive, and definitely only rental). 

But the commuting part is expensive, and a hassle, they either have to take the railroad or drive in.

I've called a couple current and former landlords in the neighborhood to get an idea of what their properties rent/rented for, but one didn't remember and the other didn't answer.I assume 10% for PM and included that in my expenses to get to my FCF.I didn't use Zestimate - I used actual sold comps as close as I could get to the area with similar sq ft (<1000)

I've complied on all their requests thus far but its getting really expensive.

I found Highland Park, University Park are good neighborhoods but they are expensive like bay area. 

Track your expenses in case you end up suing him for damages, you'll probably be able to recover it with time.Let me know if you have any other questions.

This income will be added to your regualar w2 or business income to determine your total debt to income ratio (DTI) against your debts and monthly mortgage costs.To calculate your net rental income, your total rents collected for the year are added to deductible expenses (taxes,insurance, interest, depreciation).

Its kind of overwhelming at the moment but I am determined!

Either way I imagine I would have to re-paint/refinish but painting would be less expensive.

I have about 20K in cash, and I'm currently saving 2K-2.5K a month after all the monthly expenses.