This may be a little off topic and if so I apologize but I often hear that Zillow, Trulia, RealtyTrac and the like, which are not MLS, are estimates and cannot be relied upon.

@Bill Gulley, my apologies...

Just to clear something up, and my apologies for mislabeling the Subject.

I apologize for the long winded post, I suppose it was more therapeutic for me to write and process all of my thoughts.All the best!

You really were falling under the ~6.83% rule.Purchase Price: $100,000Annual Income: $82,000 (82%)Monthly Income: ~$6,833.33Monthly Income/  Purchase Price = ~6.83% I did not see the post where you corrected your self, my apologies!

I apologize if anyone felt attacked I was merely making an observation.

I don't see how this makes a significant difference in comparing the two rules.I'm not yet in a position to decide for myself what works for me, so I'd like to use the rules that work for other first and then change later if I find something else works better.I apologize for messing up the arithmetic of a rule I just learned today.

He apologized and said he was afraid of mice.

Please accept my apology.

If I've said something attacking, I apologize...It deserves at least the same level of objective analysis that you apply to your real estate portfolio.