Basically ~50 years including my mom’s rental without an eviction.   

Since the same reporting period last year, asking rents have climbed by 0.8%, up from $41.89.

It's free for buyersThey used to be paid by most sellers, but more and more sellers like me won't pay the old crazy % commission rates,movig forward 2024 a fix fee ($2,000) at best from sellers for buyers will do! 

I bought a property that I was told was empty for 1 year, when I suspect it was empty for 4 years actually. 

It's a 900sq ft 2/2 unit with 1 parking spot that is approximately 40 yrs. old, ina  100 unit building.

Also, do not compare costs over a 30 yr period - very few people keep the same mortgage for 30 years. 5-10 years is more realistic.- Overlays - some lenders may have more restrictive overlays than Conventional guidelines call for.

You would have to get a relatively short term loan (5 years or variable) to buy the property and fix it up.

I predicted a 20 to 30 percent correction in prices this year, and I was dead wrong.It appears that investors are continuing to come in for the long haul, with the knowledge that positive cash flow isn't realistic in the early years of ownership.

The house is old and needs some work. 

Average for the 2 past years is roughly 9k monthly income.