The credit card industry got hammered for this. 

Spend a day trying to find a bedroom to rent for yourself and that should help you price it competitively. 

Its very competitive there at this price range.

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They also employ housekeepers, maintenance people and many others in the housing industry.

I am fairly new to the site, and to real estate industry for that matter.

I think that one problem you might encounter could be getting an FHA offer accepted over cash offers and 20 down conventional loans in the competitive market right now. 

I'm finishing my first project and am wondering what if there is a standard in the REI industry for tipping? 

I'm new to BiggerPockets and real estate investing, but not so new to the housing industry.

Government has already allowed our manufacturing base to deteriorate or move to China and in the coming recession the service industries could be decimated.I expect the Democrats to want to have good economic times for the coming election.