(I will make this an MTR, so I need to furnish all rooms).

She took on someone from their gym who is a fHA buyer so they need closing costs..

I heard some lenders would consider future rent that I will collect from the property even if it’s just 7-80% of it, and when I talked to two mortgage lenders so far they said it won’t be counted until I actually have the rent come into my bank.

I have been self-managing my other property for the past decade, with the caveat of it being 30 miles from where I live.Now, I plan to do so with this property, albeit from a distance of 200 odd miles.

If so, what experience have you had?

There are a myriad of ways to go about the space, so maybe in the next 6 months you define your first strategy and work to execute on it.

The real kick in the pants is that EVEN IF the doomsday scenario occurred, since the price point is so low the property would still cash flow as a SFR - but the underwriters don't want to hear that. 

Usually the depreciation is enough to shelter your income so that you pay little to no tax, at least on a new long term rental. 

So he may not be the only one.

I'm looking to buy a house in Raleigh, North Carolina, and I wanted to figure out all the monthly expenses, including utilities, that I'll have to pay for when owning a home.Below is a list of monthly expenses I've identified so far.