Dream job just accepted weeeeeeee the bad is the broker market analysis just came in on my home at about 39k less than my mortgage. Oh the woes of the housing market lol. It might even appraise for less who knows.

I'm okay with it because I'm so happy I got my dream job. So, after talking to 4 property management companies locally that know my subdivision well they all said "$1400-1600/mo".

It looks like after property management fees, increased ins cost, and assuming a 90% occupancy rate I will be losing about $220/mo. The house is pretty new (8 years) and everything works well. The property management company is strict dti of 27%, no lates on the credit report in the last year, and verified income/background check.

I feel okay since my raise is more than that it's about double that after tax, so essentially they (tenants) are paying my mortgage and that's after fees and assuming 90% occupancy.

It might be easier if I had tons of money saved, but I only have about 12k in savings and would hate to eat all of that plus more in a sale.

Seems okay to me what do you guys think?