I earn a dollar.

There's no earnings, dividend yield, or cash on cash return.

Its not really going to help anybody but rents in North Dakota are really starting to go up to the tune of 15%/yr.Makes me a little nervous so Im going extra conservative on my cash flow numbers.

Spend the extra $ and strip it.

When you think you're being conservative, add an extra contingency.

We charge an extra point for that.

If you are considered a real estate dealer, you have a trade or business - the income is earned income, you are not eligible for capital gains treatment, and the property is not eligible for a 1031 exchange.

Peter to reduce rental turnover you either have to have a place with the bottom 50% of asking rents for the area or really nice finishes so tenants will pay a premium and want to stay long term.You have to weigh getting that extra 50 to 100 a month being at the top of the rental market versus losing months of rent to evict and recondition.For that reason I do not like being at the top for rent rates in my market.I am not at the bottom but not at the top.For good tenants safety and the landlord fixing repairs in a timely manner is usually what is on the tenants mind when looking for a landlord.

You would have to earn an unbelievable after tax return to match anything you can earn tax free in a retirement plan.

I like to go 30yrs and pay extra principal.