The other triplex we purchased at $49,500 we are $16K into renovations its yields $2250/mo with a break even of $700/mo, we estimate another $30K will get the house in great condition(windows, account for $15K of that).The $130K property purchased in 2013 now values at $500KThe $49.5K property purchased in 2016 now values at $82KThese are all great comparables because of the cost of acquiring these properties in terms of cash to close are relatively close.In reality, the Toronto renters there quality is A-/B+ or on a scale of 0-100 prob an 88 (both families where the earners work in Engineering or Technology)The Detroit renters their quality ranges from 75-95 where the income earners are Trust Fund Babies(I consider the lowest grade), Medical Resident, Consultant at a Big 4 Accountant Firm, A Law Library Librarian, Marketing Professional, and Electrician.The high cashflow rentals fuel the ability to purchase the rentals in more "desirable" areas.

People invest in their business/company and take care of it like it's their baby and for good reason.  

Just take baby steps and see where it takes you.

Keep all utilities, cable, HOA, in your name only and title of property.Either you put a ring on this girls finger.. or she'll end up ringing your neck down the road..There is no fair way of splitting expenses,, your gaining equity on property,,, and have tax write off's she won't.. so keep that in mind.

You didn't skip over the couple with the baby and take the two "singles" who are doing an apartment share because you didn't want to deal with possible lead paint exposure down the line.

Old real estate agents who have huge personal good-old-boy and girl networks to draw on, membership in the local social organizations, maybe did a stint on a local school board or a municipal council, that kind of thing.Especially when it comes to buying local rental properties, you can't do better than old landlords who only own one or two urban residential duplexes that they inherited from Daddy way back when, places that have provided them just an ever-dwindling bit of rental income all their lives in exchange for a bit of hands-on maintenance.

Blanket loans are difficult to maneuver properties in and out of and if you ever decide to sell one or refinance one to use the equity to grow your portfolio, it makes for a messy proposition.One girl's opinionStephanie

I had some girl freak out over showing me her bank activity.

@Rachid B.there are some exceptions to the 2 out of 5 year rule that allows you to get a partial exclusion.Work-related moveHealth-related moveUnforeseeable events such as family death, multiple baby births, etc that caused you to move?

I have one room left to rent out in my group house and I have two girls who have the exact same credit history, they submitted the rental application within minutes of each other, they showed up to look at the house at the exact same time, they both want to move in on the same date, basically they are equal in every way.