This mindset will need to be well rounded and focus on all aspects of your life such as personal finances and health. 

While technically we could get away with that not being brought up to code, we wouldn't want to have a tenant in there without it being up to code - so that's an expense we needed to account for that she would have overlooked.

If its going in a lower end unit you can get away with a cheaper flat or eggshell and repaint often.

Lets round up to a total of $5 Million in A&D, costs, etc.Rent for 1 bed in the area averages about 1100, 2 bed is 1500.

I drove three thousand miles round trip to see the property and have been back multiple times to network in the community.

Meets all 1.5%, 50%, 70% rules.I've already ordered the inspection on this property $150 out of pocket, will get them in an hour but not expecting big ticket items to repair.I checked with title company, and they said they can close "BUT" this property will require a land survey done and making sure no encroachment with neighbors, etc.

These are the big ticket items.   

We use the house as our little get away as well.

Our manager is amazing, keeps our rental booked year round, and I never have to do a thing.

Due to some personal decisions I bought a new home in round rock, about 7 miles further north of my current place and I'm moving there in a couple of months.I was initially planning on selling my Pville home right after the move but now I'm thinking I may keep it for a few years, perhaps for another 5 years or so while the original builder warranty is still active, and keep it as a rental.