Personal home turned rental

[Corey Curtin]

Investment Info:

Single-family residence buy & hold investment in Brookwood.

Purchase price: $83,000

Purchased this home in 2011 as our personal residence. In 2015, we moved to Florida and decided that rather than selling our home we would rent it. We have had the same renters since.

What made you interested in investing in this type of deal?

We decided the cash flow was better than selling the home outright.

How did you finance this deal?

USDA