If the house would ordinarily rent for $2,000 a month, that comes to $400 per room but you are probably including utilities, TV, internet, etc.

@Fred Buechel  You will need to determine what you're trying to accomplish. 

You first determine if you want to screen the new tenant or kick them out and then issue the appropriate cure or quit notice.

I think my bigger problem in deciding which one to go with is that they are both relatively good deals ( not amazing). but the financing will determine which one is better. one is offering seller financing at a great rate but huge down payment.

Thus, you qualify and buy that property and live happily ever after.Minimum general paperwork for your lender to make the determination if the above will be applicable to you, this is true of your lender of choice if they choose for it to be true:Gotta run your credit, can't run the AUS without that.

I'm self employed with my wife as my business partner so no problem with the balance on that part of the spectrum you aske about because we determine how hard we work "balanced" with everything else.

Mold can be treated, so replacing everything needs to be determined.

IMHO, I think that the first home in your portfolio is going to determine the strength and ability to grow as time goes on.

You don’t need a mentor when they teach you the basics on the internet, experience teaches you the rest.

., "like kind" is really determined by use and intent not type.