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Rental market around here is pretty strong. Just worked in a house a couple days ago that will be a rental (new construction), $1000 a month for a 3 bed/2 bath. Nothing fancy but nice, probably about 1600+ sq ft. Builder has several of these he rents. Does background checks on everyone, the lady renting this one is in her 80s. He goes in once a month to "change the return air filters". Granted he does a lot of the construction himself which cuts down on the investment. Duplexes around our area can rent from $500- 1000 per month, depending on location and how nice it is. Like Josh mentioned, rental costs can cull a lot of the riff raff out of the picture...basing this on several of the contractors that we do work for. I realize that I can't just hold my pockets open and money will fall into them....if only it was that easy we'd all be rich!
