I always like to say why pay double the taxes purchasing 2 single families when you can collect double the rent for slighter higher taxes with 1 property.   

The information you collect and distribute are in your hands.

I agree with following your lease, but you can't charge someone to live there and collect rent from another tenant for the same time period.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello y'all,this is my first potential deal and I kept messing with numbers extensively, although can't get to clear conclusions.

Upon closing, engage a licensed loan servicer to collect borrower payments, make payments to your lender, deposit the difference each month to your account, issue tax reporting, and ensure general legal compliance. 

A $900 closing extension?

If you wanted you could collect a payback for doing it.

If you can't rely on the consistency and predicatbility of rent collections in some of these areas and the properties are not manageable, the cap rate calculation is virtually useless.All of our properties are rented on 1 year leases.  

Buy the house w/ a friend so that you can collectively afford more and split everything.It's good to know how much you can afford before doing anything though.

If they collected the rent you will be prorated for the amount of days in the month you will own the property.