The professional liars consisted of account executives with major lenders and borrowers, of course.

From my limited experience, successful partnerships are based on sharing the same vision and goals.My situation is as follows:My wife and I have built up a small real estate porfolio consisting of 12 units across four properties.

Don't worry about getting sued with single family homes, buy a decent home in good shape, keep it in good shape, follow the landlord laws, be consistent and fair and get insurance, lots of insurance.

The good news is, he knows I buy properties consistently and if he chooses not to be reasonable with his pricing, he will be replaced.

So please buy it, feed the gator and "try out" being a landlord.

What is important is that you pick a reasonable method and be consistent.

I guess she would have someone come in and feed them and clean up weekly.

Roof - adds no value, unless in disrepair - houses are expected to have a functioning roof.Electrical - adds no value - especially if systems are consistent with the neighborhood/age of property. - might consider upgrading fixtures if it will make the place brighter and a little more appealing.Curb Appeal - best bank for your buck- sweet equity.Appraisers are people too, not robots, so a home that feels comfortable, well maintained and clean will affect the value.

I agree with @Rhett Tullis about increasing the deposit, instead of the rent, and would add that you need to have your rental criteria clearly documented and be consistent in applying that criteria...otherwise you run the risk of accusations of discriminatory practices.

Regarding revenue, it's not consistent.