But even our most expensive plan is not even close to $250 a month, unless we are doing your bookkeeping for you. 

Seller wouldn't go lower on my offer price so I walked away on SFH #1. 

Getting that direct deposit every first of the month should help a lot in lower graded neighborhoods.

It must be a very expensive area?

Lower the tenant placement fee?

But it was before and it's picking up again now.Properties are in Washington state, greater Seattle area but not in Seattle proper, not landlord friendly area still....I'm early 40's and tired of being a landlord or being tied to the area I don't want to live in anymore due to having to manage the properties (PM too expensive).

For more precise estimates of rental revenue, think about speaking with nearby property managers or real estate brokers that focus on rental properties.Closing costs: Compute the closing expenses for the duplex purchase, taking into account attorney fees, title insurance, property taxes, appraisal fees, and loan origination fees.

You will pick up all of the income and expenses from Open Door Capital on your 1065 and then issue K-1s to yourself and wife for your proportionate shares of your LLC.

Would you consider investing in a growing area with a low CoC % - say 5% or lower? 

My problem is trying to save enough money for the downpayment on the next property, since living expenses hold me back from saving as much as possible.