I think it comes down to the whole "you are the average of the 5 people you most associate with."

It's about the average of the $/sqft of the houses on the market for rent.Should I try more websites?

There are other common pitfalls when it comes to hourly workers, where last years income was high however the average amount of hours worked over the last two years does not equal the amount of money they made last year.

To fund them as promised would require raising taxes by (on average) at LEAST an additional trillion (with a T) dollars each and every year for the next 50 years.

You've already got your foot in the door by working in the industry, you'll reach your goals if you put the work into it.

Since then I have had Sales jobs in other industries and I had owned my own business for 9 years, and finally convinced my wife to support us and give me a chance to start investing!

Geographical Location: Japan (the most honest, reliable and enjoyable business environment on the planet, in my opinion - tenants stay for 4-5 years on average, with 15 and 19 year tenants not uncommon - NEVER intentionally trash or damage a property - honest realtors, sellers and insurance folk, etc etc)3.

My family owns a pretty substantial HVAC company, without seeing what needs to be done for each unit and what needs to be brought up to code on average youre going to pay 3-4k per unit, dont bite on the low ball quotes you will pay for it later on (trust me).

They will average your Net Income over the past 2 or 3 years and that would be how they determine your ratios (Debt to Income).

----------------------------------------------------------------------Property type - 2 duplexesFannie Mae REOPurchase price $369,000 (includes $40k renovation)Financing - FHA 203(k)Down payment - $8559Out of pocket renovation - $20,000Rebate - $1500Final out of pocket - $27059Here's the monthly cash flow -Duplex 1PITI - $1467.50Unit A rent - $1100 (below market - this is a family member)Unit B rent - $125015% vacancy/maintenance reserve - $352.50Net income - $530Duplex 2PITI - $1467.50Unit C - owner occupiedUnit D - 20% personal use, 80% vacation rental - $1500 (average)15% vacancy/maintenance reserve - $225Additional VR expense - $450Monthly loss - $642 <--- Not quite living for free, but not bad...and my in-laws have their own apartment when they visit!