I don't know the NY eviction laws so you would have to take that into consideration as well. 

Most all hotels are always considerate and will do this with a smile on their face.Even by not knowing what your immediate plans are, there are cards for that.

But Bakersfield has by far the most rental density, and vacancies fill considerably faster as a result.

Most agents have NO IDEA how to analyze investment property, and perhaps that's why you didn't like what they were sending you.Probably your main consideration needs to be what's going to be your mortgage payment?

It’s a house very close to downtown Arlington Heights.

You should take into consideration security. 

We figured we would start in these areas since we're seeing considerable growth as of late.

HOA rules need to be taken into consideration prior to purchasing if you feel there is a chance you may want to rent out down the road. 

If we were to consider Eric to simply be a investor then we have provided our advice and our personal opinions, we should give him the benefit of the doubt and assume he has taken all into consideration, and now holds a position.

Michael, I thought I took that into consideration with the 10% fixed costs.When buying at 35,000, 6% = $2,100When selling at 10,000, 6% =$6,000Leaving $1,900 for other concessions, like home warranty, and small fixes.