Not much discussion about deed-in-lieu, lenders seem to prefer foreclosure over deed-in-lieu no matter what the situation, it's always safer.

For a complete beginner who cares about getting higher returns, in my situation is there a clear winner for SFH vs MFH?

I’m not quite sure how to think about the situation.

@Sergey Pshenichkin It does not sound like she has an ideal situation to be purchasing a rental property...maybe focus on personal debt pay down for a while and continue to work her W2 job until she reaches a higher income.Increase income --> Decrease expenses --> Build credit --> Build savingsThen revisit this possibility.

In addition, if you chat with an attorney, you can start to get yourself familiar with the rental laws now, before you come upon a situation where you need to know where you legally stand and what your rights are as a landlord.

You have to figure out what investment profile works for your situation. $100 monthly profit per door doesn't allow much room for things to go wrong, and they do.

You will pay PMI any time you put down less than 20%.Theoretically, in the situation above, the purchaser only has to come up with $3,339 out of pocket to purchase this house. 

Good Morning BP Members,I have a situation with a seller where at first I was the only party interested in purchasing his house.

Alejandra Perez Any updates on your lending situation here?

In this situation, that's $450.