One dip in what the market dictates (or if there is one tenant that simply paid too much in this case), and it could throw you into a loss for awhile. 

Pool parties......oh and you can throw in some gambling to add to the bottom line.Complimentaries have been squuezed to the bone. 

If your area is sketchy, maybe think of adding a home depot decorative metal security door to both front & back for single moms.

The maintainers are given a monthly per-diem rate and are required to secure their food and living arrangements from this pay.

@Jennifer KobasicIf all the details are factual you provided I may consider it *** if she was willing to put down a double security deposit amount

So if the calculations are done correctly on these deals, they should be throwing off as much as several hundred dollars per month in cash flow?

I told her I was going in vacation, but I could give her the security deposit and I could sign the lease on the 13th.

I worked as an independent contractor for over 10 years, finally decided to walk away from that security of having steady work, and income, so I could finally provide the level of service I wanted to, and homeowners deserved.I am a rare type, most others subs were more than happy with just doing enough to get paid, and move on.

@Ryan Gartley It's not necessarily the bank, it's the government secured loan...the government only backs FHA loans up to 4-units.

This struck a chord with me, as I've always had a keen interest in working to secure my retirement by finding ways to make my money go farther through investing.