Thank for the book read, I'll be sure to check it out.

For screening, you'll want to check things like credit history and rental history.

Ultimately, they are given the option to purchase travel insurance at check out.

Also, yes it is a tenant friendly area but that is also a bit overblown since evictions are very low here in san Diego, last I checked it was less than 1 out of 100 and in areas around the country where evictions can happen practically overnight, some of those areas can have extremely high eviction rates especially a lot of those areas with high poverty rates.

I am thinking the following:This would be a wrap around mortgage as I still owe $165k on it.Sale Price $245k (market price)10% down ($24,500)10% Interest 30 year (please tell me if thats a bad idea)Monthly payment based on 30 yr ($1930/mo + tax and insurance) = $2448/moPlease let me know if i left any pertinent information out.Any sleuths out there can check it out. 🤓 (1032 E Tucker St Fort Worth, TX 76104)

Thank you all for the generous welcome!

But, good to double check these things.While it might be "nice to have another rental," check your numbers. 

Hey Mark, here are some quick tips:-Ask about DSCR: Check what's their minimum Debt Service Coverage Ratio (DSCR).

If you're looking for basic income/expense tracking, I'd suggest checking out Stessa.

I check my "competitors" from time to time and there's a lot of empty slots in their calendars for the late spring and summer, just like mine.