Can I sell for 7-10% more?
Do I want to be a landlord?
Does the home cash flow as a rental?
Can I sell for 7-10% more?
Take the purchase price of the home now and add 7-10%. Can you reasonably expect that appreciation in the time you intend to hold the home?
Do I want to be a landlord?
If you find yourself in a position where you can't sell the home, are you ready and willing and able to be a landlord?
Does the home cash flow?
Take your monthly mortgage and add 10% for property management and 10% for maintenance. Look at market rate rents. Will the home rent for this?
THE NETWORK
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