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(X-posted from rental property)

We found a foreclosure we are very interested in*, and are now kicking around numbers of what price is the max and will still work. Some sources say assume 11 months of rent a year. Some say assume 10. What has been your experience, in real life?

Thanks, Molly

***DH read thread and was really moved to examine his attitude about investing. Maybe seeing my thoughts in print was an un-emotional way to reach him. Also, he loved the back and forth of the discussion boards. AND he would like me to say that he always puts a couple of bucks in the tip jar if the coffee is on the house during his shift.
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