Instead, search for a house that is priced beneath the market and needs only minor repairs. The final thing you want is to be caught with a rental property in an area that’s declining somewhat than secure or picking up steam. A metropolis or locale where the inhabitants is rising and a revitalization plan is underway represents a possible investment alternative.
But the world isn’t excellent, and you can’t simply decide a number and go together with it. Look at similar-sized houses or rooms for rent in your space to see what’s affordable. If you want more rent, see what …