Not to quibble over $50/month on insurance, but landlord’s coverage is typically 30% higher than personal residence if you add on vandalism coverage and increase your liability to protect yourself.
Re: rents and postive cash flow “within reach”
The example in this thread does not produce positive cash flow, and will require about 5 years of 4-5% rent increases before it does so. This is not “within reach.”
Give me another 25% reduction in price (down to ~200K from 270K) and steady rental rate at 1400 and I’d buy it.
