The S.O.T.A program works well, and is a good option to get a tough to rent vacancy filled if you invest in a low income area.The process of getting the deal done with them is pretty simple but pack your patience though if you get a bad case worker, you'll need it.

I fear that might be too low so I've been running scenarios with the general 50% rule (NOI of $85K).

For example I work with CA investors that buy in Reno, Nevada because it's close to CA, low property taxes, and job growth.

The cost of the trip will save you a lot more than something your realtor or someone else missed.

In their first year, many agents  go through their personal network and get all the "low hanging fruit".

. :)I think of a messy question like showing up to a job interview with a coffee stain on your shirt (and not a new one).

Current rent is $2060 + $40 for dog.I assume I could depreciate the cost over 27.5 years. 

However, we backed out of said deal because we found out we would only qualify for a certain amount of money on a second loan that was way too low for the market I live in.

Hi,I have a turnover for a property in Memphis TN, and there's a bit of extra work that needs to be done in addition to standard wear and tear, some bedroom doors need to be replaced, blinds, patching, painting, some floor tiles etc....I got an estimate, and I know everything is costing more these days but it feels a bit aggressive. 

Including a flat fee for utilities on top of rent will make the rent look higher and less attractive to potential residents and potentially cost you money if there is a toilet running or water wasting.