It's just a quick rule of thumb where you see if the total rent measures up to at least 1% of the purchase price.So, for instance, on a 200k property, you should be looking for at least 2000$ rent/month, otherwise, it's not that great a deal.

For instance, if they didn't get the renter's insurance, there's be no way for me to evict them on those grounds.

Essentially, when you depreciate an asset (which you do with real property (rental real estate for instance) and attached non-real property (appliances and such) every year on your income taxes), you've offset your taxable income.

But that could also be a case of me escalating way too far in my mind.If this is the first instance, you might want to pay it and bring them together with a change they sign off of, that they'll both pay the fine if it were to happen again.

Ideally the seller should rectify the peeling paint themselves, however I have observed instances where the buyer completes all the work to meet FHA guidelines.

For instance, the toilets, vanities, light fixtures, flooring, tile, backsplash, etc.

For instance, when I wanted to improve my golf game I went to an instructor, and they were able to point out things I was not aware of and help to focus my time and efforts into productive practice sessions.hope that makes sense and sorry for the long reply..

I am trying to calculate my cashflow but one subject I still do not quite understand is how landlord instance works.

In some instances, it is all about speed and timing.

For instance, most people buy off MLS or list price but more experienced investors can get better deals based on their market connections to acquire properties below list price.