I use for all my budget accts. 

For people on a budget, low cash flow and high need for business, TRUSTING yourself is the best way to do your business until you are up and running effectively so as to hire a person once or twice a month to do your mailings for you!

Lilly Nevers Baltimore is a very good buy/hold market, if you know what you are doing, and where you are investing.Although, location is very important since Baltimore changes almost every block, budget and what kind of renter you want to get also important.You can shoot me a message any time, and I would be happy to help anyway I can.

If the property is in newer/nicer condition, you could budget for less.

(For my free and clear homes)  On my mortgages, I wanted to include the mortgage payments on top of the above monthly budget.  

Cash on Cash Return Down Payment $18,190Closing Cost $2,500 Rehab Budget $10,000Misc: inspection $400 Total Investment: $31,090 Cash on Cash Return 9.6% BiggerPockets: The Four Square Method for Analyzing Rental Properties form.This is an REO, the realtor is advising to start at the listed price of $72,760. dollars. 

My current goal is to buy a duplex in my price range, preferably under budget, REO, or just a great deal.

There are some ways to help you get started on a small Budget for your first couple of rentals.  

Keep a close eye on common maintenance costs and develop your HOA budget to hand off to owners when you are finished14.

I like to do my own painting also, but it depends on your budget and timeline to get a renter in there.