You are ahead of the game.

After accounting for vacancy and repairs we're really only breaking even as far as cash flow, but we moved onto the site where my husband works and the savings on the rent vs. our mortgage is what has put us ahead. 

ONe way to make money is not look at hedge fund as killing a market just follow them and figure out how to buy a head of them and then sell to them.. that's what I am doing now in the space.

This normally isn't an issue so long as I inform the landlord/PM ahead of time but this created a lot of friction with my most recent property manager.

I don't know how most people calculate their estimated insurance, but I recently posted a response and got a lot of feedback from it, so I figured I would share with anyone who might have questions. For estimating hom...

If the seller lowers the price significantly and it turns out just to be damaged finishes, you could well come out ahead of the game.

Go ahead and move here, everyone else seems to be.

I Iook forward to learning about all aspects of buy and hold and possibly flips (which I tried previously without great success - didn't have the right formula I guess).

The formula that I use comes up with a purchase price of $915,000. 

The better strategy is to train your leasing agents to gather sufficient info ahead of time so you do not encourage would be deadbeat tenants from applying.