Basically, they just ensure that the tenant can in fact afford the unit.

Rent - 10% Management 10% maintenance 10% vacancy - all hard costs paid by Landlord=notI take whatever I want for monthly profits a $75 a month and subtract that out per door and take the rest of it and determine what it can afford six and a half percent 20 year amortization loan. 

It would be a wonderful world if everyone could afford every safety device and had time to research them, but the truth is that sometimes you have to wait until time and money permit you to set up things for a large company. 

i'll be swinging it for as long as possible.great to learn affordable rents keeps tenants longer and notes/owner financing etc may give opportunity to those seeking home ownership

Keep doing what you do and don;t sweat what others think.

Abigail T.

The are is a working class area with good affordability (rent wise).There were a few other 3/1 and 3/2 duplexes in the area, and we were seeing asking rents in the $1200-1400/month, so we set our rent at $1300, given it was brand new and had several upgraded features (hardwood cabinets, granite countertop, SS appliances, wood look tile throughout, etc).  

I'm looking to soon buy my forever house with my fiance and I am concerned that I won't be able to afford my next rental after that.I cash flow (after mortgages) roughly $1,200 a month between the five units (we live in one) and our combined take home pay from our jobs each month is roughly $4,000.I would like to completely finance the next property but also not get a normal loan.

I’m not sure I can afford to buy and furnish a house yet but that has now been put on my list of possibilities. 

Housing in these areas is extremely cheap so I could easily afford the homes for sale within the area. 2.)