Right now, we’re seeing a slight increase in inventory and some corrections in rents, which could create opportunities—but achieving solid cash flow on a condo can still be challenging.Getting pre-approved is a great first step to narrow down your options and focus on locations that make sense for your goals.

It seems the initial APR may be lower than fixed, is that correct?

The rest of the day will be seen as Benchmarking exercises: beaches and good food!

If you are able to do this at the municipal level and your numbers are correct, this would be a good investment, but there are a bunch of assumptions here.

For my answer, I'll assume it took years to save up the $80k, income is "normal" (meaning you are not making $500k+/yr), and you are moderately risk adverse.If those are correct, then first off I would not spend all the money.

Asking in the correct forum will get a better response.Read the RULES!

Hi Raymond, You are correct in your assumptions.

If I understand correctly, you're suggesting that we should focus on the big picture rather than getting caught up in minor details?.

Is this correct?

Most fail to paper the contracts, indemnification and additional insured requirements correctly.