Then your expenses, are much more than $2,737.50 for the year.I suggest that you spend some time in the following forum:Landlord and Rental Property Questions.Here is the link:https://www.biggerpockets.com/forums/52-rental-property-questions-landlording-issuesI suggest that you spend some time reading the first 4 "stickies," and the first one that you should read is the "50% rule."

You'll need to change your insurance policy to a landlord policy.Your sale contract can provide "possession prior to closing" and require additional earnest money payments for possession under a separate lease agreement.

with incessant internet research and reading about landlording, investing, and trying to put two and two together to make a deal happen.

The seller may be sick and tired of being a landlord, and if he can get out of his somewhat underwater position without further damage from paying commissions, then that would be very appealing to him.

Many times tenants know these laws when landlords and property management companies do not.

This list is composed of all landlords that have cash to buy endless amounts of properties.Hope this helps!

I told the landlord and she said she would use paint to "kill" the mold, which I argued against because I've never heard of paint killing mold.

That's the sort of stuff you sign up for when you're a landlord.

Do not get the ball valve kits as those tend to not float right and will run up the water if the landlord pays.Just be advised that many tenants can't stand the low flow toilets.

e)Note rental signs, rental rates, and some people like to take down landlords numbers to see if they are potential buyers.