5% Down, live in for a year and rent it with Padsplit.

[Alex Martinez]

Investment Info:

Single-family residence buy & hold investment in Atlanta.

Purchase price: $179,000
Cash invested: $15,000

Lived in the property for 1 year.
Knocked down living room wall, replaced Hvac, floors and gutted and remodeled the kitchen, attic insulation, converted the living room and the dining area into rooms. We are renting the home as a Padsplit with a total of 5 beds and 2 baths.