That rent is basically your mortgage, without it going to the principle!

This does not seem like basic wear and tear or returning it to its original condition.

Happy to help, I'm basically a real estate junkie.

For trying to identify areas, it is good to understand a few basics: Median home value to income ratioPopulation growth trendsIndustries that your local area's economy is dependant on?

Hi All,After being a basic member of BP since March 2018 and listening to podcasts, webinars and reading BP articles, finally I took the next step, i.e. became a PRO member yesterday. 

Hi Ben, I basically have a mentor and friend, who also happens to a realtor and quite a successful landlord himself, handling management for me (single family rentals), and he's been amazing.

Hi Cory, I definitely think that learning the basics about all of the different niches would serve you very well.

It is also much easier to qualify as an RE professional if the person striving to be an RE professional does does not have other full time employment. https://www.biggerpockets.com/renewsblog/2010/08/04/basics-of-real-estate-professional-status-tax-irs/If we do two units of rehab in a year (each rehab likely takes a few hundred hours as the hours add up fast), then the wife qualifies fairly easy as an RE professional when combined with her usual RE duties.  

@Jeff Mills the basic problem with rents in that range: $450, is that variable expenses quickly eat up any profit.

Your question is basically, "what can I pile on?"