House #4 and #5 update

So house #4 is now rented.  The renter moved in September 1st.  The management company did a great job finding a renter.

The renter for house #5 is moving in October 1st.  Everything is in place and it's ready for the renter.  We spent about $1,500 getting it in shape (new carpet and such) and we're getting $1,100/month rent for about $350/month cash flow.  We even asked the bank if we could do a 5% down on this property and they agreed.  This time last year I would have thought that was impossible.  Is it a sign of changing times?  I think it's too early to tell but I can guarantee we couldn't have gotten that 1-2 years ago.

So the tally so far will be 5 houses owned and all will be rented as of October 1st, 2013.  We are looking to get 1 more house in 2013 before we're done and re-evaluate our strategy for 2014 (if we change anything at all).