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For the SUM of your tenants' rent to pay for your mortgage and most of the upkeep? Probably fair.
For ONE tenant to cover the whole mortgage? Geez, that's not nice, to put it softly.
It dpends. I rented out my old house for about 5 years because I couldn't afford to sell it (underwater) mortgage was ~$500 rent was $650.
Well okay if one tenant is renting the whole building it's different.
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