Yes I  always precheck over the phone do they gross  3 times the rent ,do they have felony ,any pets ,they must prove their  income that part seems to be the part that gets fudge on a lot .I am back to no pets no longer need to take on the damages .Plenty do not have pets that want to rent .

Hard to predict due to Covid and what's post covid gonna look like.2011-2018 they grossed 80k2020 grossed 160k2021 estimated 200k

Especially interesting about he is expecting us to have inflation and high taxes for a long while due to the how the USA's ration of debt/ gross domestic product has gone up to 130/1 now whereas just  before COVID it was 106/1. 

You can get a 1 bedroom oceanfront from 300k-550k that will produce 40-65k per year in gross revenue.

AIRDNA data shows annual gross to be around 57K at average area occupancy rate.

Just wondering if there is any other places beside small credit unions to get a good deal, my state employees credit union offers heloc at 4.5 rate which is good but therer monthly payments for heloc is for every $1000 used its $12 a month, so 50k heloc would be 600 a month, didnt know if this was good or not for monthly payments or us there cheaper one out there.

If I can acquire a property and do paint and floors and then more than double my gross rents - which would allow the property to then cash flow, then I find my investor clients - and I - want to do that.

Most of the money came from personal contributions to the LLC from both my wife and II'm a full time IT employee at a major oil company.

In order to formulate that, they will survey the market for similar units and apply a market derived rental rate for the units to arrive at the potential gross income. 

So ... we have been running hard and the month of July is set up like this ...46k in gross rent with a net take home of $20k for July in rent rollSold a flip and closing In July that we bought at 78k.