To calculate net operating income, deduct projected operating expenses from estimated rental income, including property taxes, insurance, maintenance, property management fees (if applicable), and any vacancy allowance.Second, think about working with Buddy to get better terms.

Property is a C class area, so I am concerned about the quality of tenant I will get but I am close to Ohio State University, a hospital, and short north/downtown columbus so I am hoping as long as I screen tenants I can find some promising people.

Usually, mid-term leases are a reasonable option for people in this profession but there are so many other professions/needs that most people probably don't target that worker specifically.  

Moreover, many use those terms interchangeably which makes it even more confusing. 

The ultimate goal is to start scaling and eventually would expand into another state such as South Carolina for short term rentals. 

However I don’t see anything wrong with tenant #2 playing their music during the day as long as it’s not at night. 

Unless you are local to the market, I would consider elsewhere.I think Charlotte long term is a great market, financial hub, good airport, population growth.I think if you commit to any of these markets, you will have successGino 

When I first read this post a long long time ago, I wanted to reply with...

What kind of financing terms were you looking at for the remainder?

I prefer not to evict so long as the portion is sent every month, even if it's not on time.