BUT, this is personal preference, if you are trying to make this a passive investment and don’t want to be cutting the lawn, then 5% is probably fine.Hopefully this helps!

I personally think there is a sweet spot of deals in the $2m - 8 or 9 mil range where institutional people shy away as it's not big enough and it weeds out a lot of other smaller investors. 

personally, i dont see it as bad.

I was hopeful that time would resolve or lessen the bad relationship that my friend has with neighbors and authorities.

Personal Financial Statement If you already have a form with all of this information, that’s great.

@Ryan Fox You really need to get with your CPA and TAX person to truly understand your whole situation.

However, it does provide a foundational understanding that surpasses what the average person knows about the industry.

Should I be raising rent with the addition of another person on the lease?

Investigate areas with strong growth potential and rental demand, and take into account regional real estate market trends.Networking: Attend local real estate events, sign up for internet discussion groups, and establish relationships with seasoned investors.

You will also need to qualify based on your personal DTI.