Updated about 11 years ago on . Most recent reply
Rental House purchase good or not?
I'm looking at a 3 bedroom 3 bath 2000 sqft home in a rural area. I can pick it up for 28,000 and brings in $525/month. The current tenants have only been there 2 months. It needs nothing done. Central hvac, good roof and flooring. Taxes $500/yr and insurance $600.