That's edging in on the 2% rule and those tend to be in less desirable areas. 2) Would the tenants be paying water/sewer? 

Understand A/B/C class neighborhoods and what we want to invest inCheck safety/crime, schools, things to doCheck if state is landlord friendly or tenant friendlyCheck regulations within each stateCheck if properties fit 1% rule and run analysis on numbersNarrow to 2-3 markets.

I was just posting the numbers with $175k since the seller said they are using the 1% rule to come up with their asking price.

The 50% rule for Cash Flow is more realistic than you might think.

So you can't assume that just because a judge ruled one way for one lease, they would rule to same for another lease.I also believe there are not too many caselaw on this topic.

Should you stick with the general rule of thumb and not select a mortgage that is more than a third of your base salary?

Hello all, I am wondering if the 3x the rent income rule applies to the entire household or each individual tenant.

Michael Kitces walks thru it quickly as a subtopic in the 4% rule Mad Fientist podcast that's very informative.https://www.madfientist.com/michael-kitces-intervi..."

I understand I am not hitting the 1% rule on this property, but I am gaining experience as a landlord and so far have had a smooth transition with my inherited tenant.

According to the IRS rules all transactions involving your 401k must be "arms length" - meaning that disqualified person must not be part of the transaction.