For this topic I will be posting a month by month exposé if you will of what it takes to run–and the intestinal fortitude required to maintain a rental property, or portfolio of properties.
I’ll also give you and idea of the income generated, gross and net so you can get a realistic view of what one might expect with a buy and hold strategy.
I have been buying in rougher areas. Not war zones or anything close. But areas where management is a little more hands on, exciting, and the returns are higher–but so is the risk.
You’ll see plenty of that. It also makes for some pretty good stories along the way.