This amount aligns closely with your rental income after expenses, so you’d be cash-flow neutral or slightly positive.At the end of the five-year term, you could aim for a balloon payment based on the property’s future value, which should appreciate by around 4% annually.

Now I do all my investing in Cleveland, so again maybe a few differences Ok so it seems EVERYONE is making renting to sec 8 MUCH more complicated than it needs to be, not sure why.

You can call me at 503-888-6927 to talk .   

Hey @Eric NielsenSomething I would recommend for you is this website. https://www.areavibes.com/Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score. 80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

Hey @Katie Casper, check each municipality for the regs.There have been a lot of restrictions put in place depending on the area.There have been some lawsuits flying around in Conway so do your diligence.Bartlett is hard to read, but there are a ton of folks working to ban STRs in the area.

This is a great place to learn and to connect with people so take advantage of all the great resources.

When the 5 years come up the property has been tapped so the next buyer certainly isn’t going to pay a premium to take the property on?

If they still don't budge, then you have to follow through the eviction.For the life of me, I don't understand why so many areas in the country make evictions so onerous on the landlord and the collections of unpaid rent so impossible for landlords.

Thank you so much, Julio! 

The rate could be around 6.75 - 7.5% or so.