Now let's say you are able to rent out the property for $2,100/mo with the tenants paying all utilities and yard care, PITI is $1,200/mo., property management is 8% of monthly rent or $168/mo., and maintenance + cap ex is another $210/mo.

Purchase price: $128,000 Cash invested: $10,000 3 bed, 2 bath, 1 car garage built in 2005 on .17 acre, fenced in back yard What made you interested in investing in this type of deal?

(In case you have any questions about me I am a 21 year old guy with about $2500 in my savings and I am planning on moving from Navy Yard Washington D.C and moving back with my parents in Melbourne, FL.

Maybe ask her if she would like to do your whole yard? 

Some have dogs and forget to clean up the yard or remove the dog from the rental during showings.There are a lot of things that can go wrong.

Winter Park is too expensive for single family, you might get an older home on the Seminole Co. side for under $300.Townhome vs single family is a supply issue right now, townhomes have higher HOA costs ,but generally no exterior maintenance, appealing to younger people that may need to have a room mate and don't want to have a yard etc.

I completely remodeled the interior, repainted the exterior and fixed up the yard so that it added value to the surrounding houses.

I completely remodeled the interior, repainted the exterior and fixed up the yard so that it added value to the surrounding houses.

And I have it in my policy that the droppings need to be picked up in the yard as well, if I find any when they move out there is a charge for each one that will come out of the deposit.

The house has a fenced in yard, wood floors and vinyl plank on the main floor but new carpets upstairs.