You also haven't left room for property management (if you intend to use it).So long story short, if you're BRRRRing or using a mortgage to obtain the property you are going to be cashflow negative or close to it:$1,150 - $1,000 - $90 - $62.50 - $62.50 - $62.50 = -$127.50My personal criteria is that I won't buy any single family rental unless it cash flows $250/month after all average expenses and provides a minimum of a 20% cash on cash return.

Quote from @Chance Schrettenbrunner: Fair Housing provides some pretty generic guidance on this and then leaves landlords to fend for themselves.Here's the latest guide: https://www.hud.gov/sites/dfiles/PA/documents/HUDAsstAnimalN...The bottom line: tenants are allowed to claim the ESA at any time and you have to consider it.

I'm going to help him with a full analysis so he will have better data to provide anyone as well.Thanks to the BP group for all your help in advance.

Thanks, #1 and #2 - provided my feedback in earlier thread #2 _ it depends - I have duplex in NC RTP since 2007 and it has been smooth sailings for them since it all depends on the property management company you deal with #3 Also in $300K you won't get duplex in any good localities in NC and/or Texas unless one is forced to go to shady areas where you then deal with lot of tenant eviction and section-8.

I called the references he provided for his employer and previous landlord and it all checked out.

[Insert bit of personalization about who I am, my family, and build trust, essentially humanizing the note].I understand that selling a property can be a significant decision, and may not be one you are considering, but if you are, I want to assure you that I approach this with respect and am eager to explore the possibility of finding something agreeable for the both of us.Here are a few reasons why seller financing (you not the bank) could be beneficial for you:- Steady Income: Seller financing offers you a reliable source of income, providing monthly payments without the hassle of managing the property directly.- Flexible Terms: We can discuss flexible payments that suit your needs, allowing you to customize the agreement according to your preferences.- Avoiding Hefty Tax Burdens: By spreading out the sale over time, you may mitigate the impact of capital gains taxes, making seller financing a tax-efficient option.- Legacy Planning: If you're concerned about leaving a lump sum to your heirs, seller financing allows you to pass on your wealth gradually, ensuring financial stability for your loved ones.- Minimal Hassle: Seller financing eliminates the need for bank involvement, reducing paperwork and streamlining the sales process.- Assured Sale: Choosing seller financing may attract a broader pool of potential buyers, beyond myself, increasing the likelihood of a successful sale.I believe that by working together, we can find a solution that benefits both of us.

Make sure wherever you 1031 to will be able to provide a good rental pool, you want people who can support higher rents.

Storage/Industrial or just looking into selling office buildings and marketing them as properties which can be turned into multifamily provides money!

You have property management, insurance, loans/mortgages from banks and lenders, you and tax person, and maybe someone like me who provides you with already vetted deals from trusted providers.Yu can get some mid-size deals that maybe pay $300/month or less financed deals that pay about $800/month.All this and a lot more details I am happy to discuss with you and your wife is related to your investing business.Independent of that should be where you want to live.

I am anti inaccurate data so please provide the source of your data.