Yes..your welcome, @Cleon Wilson, it's going to be hot!!

The market is hot - but the numbers still work on certain properties.

Roof, HVAC, water tanks, necessary updates etc.

My goals involve building long-term wealth through buying and holding rental properties, however, my largest barrier to entry is obtaining down payment a such a hot market.Since graduating in 2016, I have been working as a digital marketing consultant and paying $850/mo in rent living with 3 others.

This dirt compacted very hard under minimal water sprinkling and had standing water for 5+ hours in full sun 85 degree weather (beneath the standing water, the dirt was relatively dry - so it was holding water, not draining at all).  

This dirt compacted very hard under minimal water sprinkling and had standing water for 5+ hours in full sun 85 degree weather (beneath the standing water, the dirt was relatively dry - so it was holding water, not draining at all).  

They are not separated, electric, water are all on one meter right now, for both homes. 

How old is the roof, furnaces, hot water tanks A/C etc.. if you are setting aside $240 a month and all these things have 5 years or less left on them then you better double or triple the cost for repairs each month.

Also, water/sewer/garbage would need to be accounted for unless the tenant would be paying it. 

It’s a Hot market.