1st Investment: Any advice ?

[Daniel Fane]

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1st Investment: Any advice ? I am having an home inspection done tomorrow and would appreciate any feedback that BP members could give me. I am buying the house at 135k but my banker is going to loan me 145k. I am planning on taking the 10k for any unforeseen surprises. I am also going to rehab two apartments as soon as the tenants move out. Landlord pays utilities. Any thoughts ? Plan is to increase the rent 50 per door as new tenants come in.( with improvements of course )