Or you may be referring to local incentives (usually state or city based grants = free money) for communities that need people to buy primary residence in order to stabilize the town.

The extra 900 bucks makes a big difference in the renter’s psychology as well as covering potential damage while the $75 a month is often not a deal breaker, especially if they intend to recoup it.  

closing costs is a super general term that could involve all sorts of line items, so you really need to break down what fees and expenses you want to /  your lender will allow to be financed, and what you have to pay in cash up front.I prefer to pay as much as possible up front, and usually I pay 100% of any Loan fees and closing costs at the time of a purchase or a refi. 

A property does not usually hit the email blast phase until it's been picked over by others in your areas, so most of the time it will not be a deal....But if you get in the habit of looking at all of them and analyzing a few per day, it's a great exercise to sharpen your skill AND get to know the area.

My experience for this kind of remodel, the cost is usually in the $3k - $4k range. • Demo• Minor plumbing & electric• New drywall and durorock• New tile• New flooring• New Vanity and Faucet• New exhaust fan• Paint• New baseboardsWhile most of this is inexpensive to replace, installing the tile can add up along with materials.

It's usually not much, about the inflation rate for the previous year... sometimes less.

Lease terms are usually 20 years or longer, they would cut me a check for renting my roof.

We aren’t trying to earn a ton off of this, hoping to just do a couple nights a month for an extra $1,000-1500 a year that I can put towards our investments.

It’s not always worth the extra profit for the headaches.I think at the end of the day, if you can get about 10% CAP in a B area you are doing well. 

I.e if we would be saving say $1,500 a month in rent over the course of 2 years could use that extra $36,000 in our analysis?