Build it and they will come@Adam Lowe, sure having a few buyers in the fold is helpful but ultimately if you have a good deal it won't be hard to find someone to move it to, assuming you're getting out there and networking with other investors. 

Any opportunites to add value like storage space you could charge for, pass the heat or sewer costs on to the tennants, are rents below market? 

Also keep the property in a great neighborhood (low crime, great schools, low property taxes, etc.) for a rental.It all starts with the deal.Anybody have success buying probate real estate?

My realtor told me the same thing initially “hopefully it will appraise low...” so far that hasn’t really worked out for us

B properties don't usually have that low of rents (because they cost more than 100-150k).

People from the around the world want to invest here (especially in multi-family), and inventory is extremely low across all types of real estate, especially single family homes. 

Now I have a problem, I need post ad for new tenant, but this fraudulent ad is still on Craigslist ( which with very low rent asking).

opinion.In a very general overview, I current own my home with a mortgage payment around 1150 and have done a comparative market analysis on the rent in my area and they are anywhere between 2000 and 2750.With that being said, I have been entertaining the idea of renting this house out and down sizing/grading a bit and purchasing another home to live in.Essentially, estimating this on the low conservative end of the spectrum from my "due diligence", it appears as if I rented this out I could cover my mortgage for my current home and then also cover the mortgage on the new primary residence.What are your guys' thoughts on this?

If anyone would care to elaborate.We're targeting low to mid-teens all in IRR (5 year holding period).

My question was how people "deduct"/don't pay tax on those expenses.To provide numbers, again this on a property, but not one I currently own (tenant in place for 1 year so no ads, turnkey so should have low repairs, but I still use 8%).income 1250$/monthTaxes 177$/monthInsurance 100 $/monthmgmt fees 100$/monthmaint 100$/monthVacancy (not actual money put aside) 125 $/monthCapex 183$/monthmortgage 440$/month of which Interest 4000K/year (330$/month)monthly expenses:1225$/monthprojected net income: 25$/month