[quote=Eugene]107x monthly rent is as low as it gets outside Detroit and Cleveland.[/quote]
Use an example of house price and rent that would get 107x so I can back out the #’s.
I’m looking for worst case scenarios. We’ll be living n the 1/1, but in the off chance I fall in love with a home in a year or two, I want to feel comfy knowing that renting this one out is a viable option. 10% a year on my investment sound really good at todays rates. I’m hearing I can do better from 2 of you guys and need a little more info to compute it in my head. I’m new at this rental investment game.