I am hoping to learn from long time investors as well as give input where I can since I am a Realtor.

Purchase price: $212,500 Cash invested: $50,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

That's an incredibly long time for a home to not move.

***I had a nightmare tenant (let's call them The Crystals) that didn't provide a fwd address either in the past and kept saying they would sue for the security deposit blabla but never did anything, kept the security deposit for their last month so they didn't overstayed, therefore I didn't chase them for the rest of the lease amount since they vacated, happy they were gone.In the case actions I see an officer was assigned, this is the first time I see this portal (created account to be able to look up the case once I saw the Rushmores packing up and leaving?

Purchase price: $215,000 Cash invested: $55,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

Assuming it's worth 1.75 million, it might take you a very long time to sell at that price (possibly years).

@Glenn Hoffman an update on TenantTurner after I used it for my last listing.

Friend of mine is trying to purchase a home on Long Island, New York.

Can a 25 foot long 6"x4"x.210" 6061 aluminum association I-beam can span a distance of 24 feet?

I've been turned down elsewhere prior so I took a chance with them as a last resort.