Welcome to our question of the week! Based on last week's responses, we have a lot of lurkers that have not purchased their first property. Buying the first, or even second and third can feel pretty nerve wracking. So...

A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...