If the property tax is around 1.1%, like in bay area, you almost can cover the all the cost from rent, calculated from $38W mortgage.
If it's with your commute distance, you can do rent year by year. Even it's 3 year lease, do not lower your rent. 3 year lease is for tenant's benefit not much yours, unless the rent is already on high end.
What's the property tax?
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property tax is 6000. The rent is not high relative to other hou
-ABG-
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05/31/2012 postreply
08:08:11
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Now, the critical question is that can you manage it?
-d41515-
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05/31/2012 postreply
08:12:28