Not saying these are legit concerns, but what I've heard from talking to different property managers.Could do the RUBS math ourselves, but don't want to deal with the administration every month, or the arguments from residents.Finally, and what we're going to do unless someone tells me to STOP, or the referrals I call tomorrow are not so good.... is to work with a 3rd party that does the RUBS math and sends the bills to either the property manger or residents.

Even high vacancy rate shouldn't result in owner giving it away.Rent after rehabbed max of $9,900/month.If I did my math correctly, that would put you at a 3.5 Rent to Purchase Price Ratio. 

I’d love to see your math that supports this.

My math shows that a monthly payment towards Principal and Interest on this loan would be $880 (assuming it is at 5.5% interest and a 30-year loan). 

I wonder if anyone has done all the math on the long term for the different scenarios? 

Do the math, the money is the same

If by rental properties you mean the math we can help you with that here, if not the case could you clarify what you mean? 

I was agonizing yesterday over my math not making this look like a good investment.

I'll incur approx $5500 in costs before its rented as this will cover the floor, appliances and 2 months of mortgage.  3) I'm renting for $1100 /month and based on my math, I'll cash flow about $250-300 month for a LTR. 

Not saying these are legit concerns, but what I've heard from talking to different property managers.Could do the RUBS math ourselves, but don't want to deal with the administration every month, or the arguments from residents.Finally, and what we're going to do unless someone tells me to STOP, or the referrals I call tomorrow are not so good.... is to work with a 3rd party that does the RUBS math and sends the bills to either the property manger or residents.