Knowing it means understanding what the potential (real) cash flow will be, based on what you are looking to pay. 

If your market supports medium term rental demand and you're having issues getting booked, put yourself in a potential guests shoes when reviewing your listing. 

You want to be protected from all losses and the rent check not coming for a year while the unit is being rebuilt is one of those potential losses. 

@David Denney, you've got another potential problem besides the 1/3 partner that you're keen to move on from. 

If I potentially need to move away to be on site, is there going to be any problems regarding the FHA loan?

I have never heard anyone have a good long term outcome from home warranties.

Your potential return is unlimited, but for this you get to deal with toilets, tenants, and termites.

Being new to the REI world, I'm eager to connect with fellow investors, real estate agents, and anyone with insights into the NC market.Whether it's grabbing a coffee, enjoying a drink, or visiting potential properties, I'm open to various ways to connect and learn from each other.

There is a property that I'm making an offer on that has been sitting on the market for over 80 days. It is a great deal: my all-in will be around $105k and the home will rent for $1400/month.I think that the only pro...

I am also looking for potential partnerships and referral networks in both the San Angelo and Abilene area, as we are neighbors.