I’m here to learn, connect, and swap ideas with you all.

Of course we all want to make money and care for four families.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I'm open to any and all advice you have!

When it was all said and done I still ended up being able to pull about 5 to 10k more out of it than I put into it.Current mortgage including taxes and insurance is $1,519 and it's currently rented for $2,546/month.Yes, you can buy a house at auction that you then flip and sell for market value.And yes, I have participated in online auctions.This reply is over a year old, but did you have the hard money lender you were using already in place before you bid?

Hi @Charlie KrzysiakIt is all depends on your goals.

Last year I furnished and switched strategies to to rental and all the rents are $2000 per month.

I have a handful of clients who all keep a simple log. 

Everything looks great in both towns but then the insurance and all the climate risks make me wonder if I should back out. 

Appreciate all that!