Originally posted by @Jeffrey Grieshop:Originally posted by @Jay Hinrichs:I dont personally dont need any rental income.. have really never had it. and we do just fine.. the 350 homes I owned I never took a dime out of those..

Obviously, you want to educate yourself before you invest a dime and get expert advice. 

Assuming that everything goes perfectly, and you never have to put a dime into it this year, you're going to make about 10K on it for the year. 

A decent sized dehumidifier will cost $20-30 per month if its running on high 24/7 and that should be on your dime, not tenants.

@Jesse Robert Zamarripa III I read all the comments here, and I have some news and facts for you (don't fall asleep on me now)According to the Modern Wealth Study (May 2019) done by Charles Schwab, 59% of Americans live from paycheck to paycheck, and 1 in 5 American don't have a dime saved (that's 20% of the population).  

I have met so many people that have spent their last dime that they cannot even begin to start their real estate business. 

Tell them to get some window units on their own dime if they need it lower than that. 

The homeless, renters and the poor get help on the taxpayers dime but if the working person loses their job and can't make their mortgage they are on the street & nobody helps them. 

Lenders aren't willing to let you learn on their dime for the huge projectsRunning is faster than walking but you have to walk before you can take off running and maybe most feel like walking is comparable to SFH.

If it was easy everybody would be a RE investor .look Your just getting started and  The first two years is the hardest of any business in fact many of the great entrepreneurs never made a dime for the first several years but we never hear about that part when we read about their success Today