What is enough is up to your risk tolerance and factors like the age of the property, its ease or difficulty of being rented, and the tenant base it attracts.2.

It appears your laws MAY be a bit more stringent as an agent OR maybe I am doing something wrong and will have to ask the jail guards for a computer to keep posting here:) 

You also have to account for the age of the house to make sure you are doing all the proper rehab work.

But due to the age of this unit, I can't get more info.

At the time, had he bought 2 of them all cash, he could've retired at age 33.I was 10 years older, at the time, I was married, and all my married friends were struggling with mortgages, car payments, credit cards, and my brother goes around paying cash for everything, i.e. house, car.

Depending on age of the home once you pull permits and start taking down walls or open things up you will have to bring things to code which can blow your rehab cost.

It is Not common for a rental tenant to be responsible for repairing appliances, faucets and such that You own,  caused by normal wear, tear and age.

First off, why are you talking g to your age t about interest rates?

You can also filter it down by how long they owned the property, the age and other filters as well, to make your search more targeted

Start with buyers as it's low hanging fruit and your age/inexperience will be a deterrent for sellers at 1st.