I have been pricing these some this past week at mid-7s to mid-8's on 30 year fixed. 

I know that things are BOOMING this time of year - I have family that visits in May every year for my son's birthday and sometimes they have a hard time finding a place to rent, even if they look super far in advance!

We have a prospective tenant and her son that we are screening.

@Nathan PattersonI'm from Wesson which is right along I55 a little south of Jackson.I live in a 3/2 house with my wife and 2 sons so no room for tenants. 

However, if you check the guidelines I posed above, you can see a scenario where a single parent with a son and daughter ages 11 and 13 would qualify for a 3 BR and meet the minimum occupancy requirements. 

I mean my first house I bought in Palo alto I paid 180k for it.. probably worth 2.5 to 3 million today.. tell me what SFR you could have bought were you live and would have been about 300 negative had I rented it at the time and then over time because of the strength of appreciation markets rents went from 1,500 to 5 thousand.. you just don't see those dynamics in the quote in quote cash flow markets .. rents are stable have been for the 20 years I have been funding them and prices while they have gone up and down and maybe % wise not bad but if you have 20% appreciation and its a 50k house it went up a whopping 10KSo that's my point.. 

I gave my son my old 2000 Chrysler Concorde, of course paid off.  

I'm in San Diego but the rest of my family is in the Bay where I grew up, Santa Cruz, Berkley, and Palo Alto.

@Paul Son Nice to meet you! 

Originally posted by @John Jackson son: Bill Gulley didn't realize so many pilots were here.