Marie Poe this is common practice in many cities that have low price housing.

I typed in "Common Income Requirements For Tenant" on Google, and this site was the second result.My jaw hit the ground!!!

(shudder to think, that tile is expensive).If you don't have comps, you might redo it to be more common in the area.

Welcome,Maybe start out slow when it comes to real estate versus your current occupation / fieldMeaning use your medical field connections( watch doctors, nurses, and etc wanting to invest into your newly performing real estate business )FYI - Having a good paying employment will make it a lot easier to obtain loans and refinancing network deal after deal

The public image really is one of charity (training and employment for special needs groups).

What ever you do, make sure it is safe, servicable and common for the area.

These are:PV (rate, nper, pmt, fv)FV (rate, nper, pmt, pv)NPER (rate, pmt, pv, fv)RATE (nper, pmt, pv, fv)PMT (rate, nper, pv, fv)The last is the most common.

So for many, many years I have been saving the absolute maximum allowed by the government every year into the company sponsored Roth 401k with the employer matches.All that money just sitting there; I feel as though I could do a lot more with it in real estate.

Old school common sense prevailed.

I think it is common for private lenders to get 6-12% returns.