Until then, though, its not quite as clear-cut because cash counts as a non-qualifying asset for purposes of the test. 

The Govt is getting broker, people are getting nuttier, and to me that suggests that some day not only will you have your rent increases CAPPED, your current rents might also get CUT. 

I knew I wanted something that was half or mostly commissioned, so I've already looked over my monthly expenses and made cuts where possible.My personal savings account is not quite where I'd like it, but our rental account is strong and self-sufficient; I don't even count my cash flow after reserves.

@Michael Ealy,Totally agree with your point of running the numbers and anticipating what comes with the investment, rather than what someone else trying to convince you whether a property is worth it or not.There is also a human side to being a landlord and not everyone is cut for it.

I have been using the pre screening method on my Berywn apartments for a few years, and it really cuts down on unqualified applicants seeing the apartment.

I can tell that when he repaired things he didn’t cut corners.

i think the going rate is about $30/sq.ft with a sink cut-out. i can refer a guy if you'd like. you can also hop onto fb marketplace and shop around there as well. plenty of options.

I'm looking to do flips to raise a safety cushion for when I start buying rentals.Chris, I agree, there are many of these people around. 

What does your property's sale price work out to if you multiply that PPSQ by the # of sq ft of your property, and discount it by a healthy margin of safety?

No pets usually cuts your tenant pool by 50%.