End of story: $80 for labor and capacitor.Issue 2: Tenants had several late payments leading up to Tenants texting PM that they are breaking the lease at the end of the month. 

The number of missed payment is the biggest hit to your credit, but an actual foreclosure or short sale is another hit.As to financing again later, at least fannie mae treats a BK followed by a foreclosure as "One event" being the date of the BK discharge. 

Hello,I am wondering what the best strategy is for putting the optimal amount of money down on a single family home with the intent to perform light rehab to buy and hold. Obviously more money down would mean a lower ...

BTW, quarterly payments wouldn’t be for four months.

I’d ask her if she’ll do a land contract seller finance with 15,000 down and then I would keep it and rent it out let the tenant pay the monthly payment on it at six or 7% interest

In terms of my last question on Principal Reduction. on the Annualized Operating Data, It shows what my NOI is, less loan payments and ADD estimated principal reduction to get to my total return before taxes.

I may try to cash out at just 50-60k to keep those payments low.  

What should my asking price be, interest rate, interested only payment, ballon payment, terms?

Financials Purchased foreclosed: $220,000 - PITI $1385/monthApplied for and received a FHLB (Federal Home Loan Bank) grant of $15,000 that I used towards down-payment/closing costs.

They are telling me they can fund purchase/rehab and down payment assistance for 0% for 12 months.