@Justin KoopmansIf by the time you do a background check, a credit check, employment verification, a deposit, referrals from previous landlords, and a personal interview you're still having to evict people, you're doing something wrong.

Annually, I have my property manager perform an inspection and send me pictures, and that's all the verification I need the house is still standing ;)Once you decide on a location, your first step will be finding a real estate agent.

She's probably underpaying the market rent for her Apt by about 25%.This created the illusion for that tenant that rent she pays is sort of around market rates.Recently, I explained to her that had she actually bought an identical property 20 years ago, she would have done a LOT better than her current predicament now.

The I dentity or description of the individual's engaged in the activity.I recently inherited a tenant that I evicted using the 5 day no remedy criminal activity breach.

Your numbers are almost identical to mine, and I've been slowly building up a portfolio of rental homes that I self-manage.

So, if anyone's an accountant or tax advisor type, I'd love the verification of my numbers. 

Yeah it is like a 33% interest rate which is a lot, I suspect part of that is because he doesn't know me and doesn't seem to be interested in doing a credit or income verification.

Also many times while the bad tenant is trying to move and potential landlord does a rental verification the landlord  either ignore or provide misleading information so the bad tenant can move out under cash for keys.

Later that same year I bought an identical house for the same money and the same terms.My uncle was a home builder and I had worked for him 2 summers and I was now working as a carpenter for another home builder.

Some info about the reason I am asking: There are a couple identical builds all in vicinity of my home (Picture a two row carton of eggs, each egg is an identical home).