It is looking closer to 30% maximum, which you're cutting in half to 15% and that's even before vacancy and maintenance. 

Wanted to share this with folks who may be buying property in the New River Valley area of Virginia.We've been doing a lot of closings the last year and a half at a local (Blacksburg) settlement company, True North Title.

Half of my units don't have dishwashers.

It's clear to me now that I don't want to half-a$$ building a website with SEO.

The last of the month v. the beginning of the month is a case of six of one, half dozen of another.

There is a nice La Quinta SUITES across the street from their hotel for half the price...  

I thought to myself, "would I want to walk down these narrow stairs in the dark while I'm half asleep to use the bathroom?"

All in all, good problem to have considering I was in a damn apartment in an area I HATED 2 and a half years ago!

While in Indy, the monthly rent is half of it and you can get tenant out in 3 weeks easily, and this rent amount is not for a low end property, so as long as you do good screening, your chance of eviction is not bigger than CA. 

Now lets say I buy my first duplex and I rent out half and live in the other half.. fix it up build some equity etc...