It was a pure cap rate compression hold for them.

If you refinance and plan to move out at the same time, you won't be able to refi into a 5% conventional as that would make it a purely investment property.

Craig Curelop I am not going to be living in the property, it will be purely for a short term rental.

I put one property under contract purely based on my Realtor’s opinion and pictures.  

But here are some realistic numbers.When I was just a wee lil runt, all happy, pure innocent beautiful and adorable, I thought, you know what?

You should be jumping up for joy that the tenant is leaving.

If you want to talk about the technology side, let's talk offline.This forum post is purely  because I'm curious about your thoughts on the following problems as fellow investors:1) Sourcing Deals: As an investor myself, I know full well how the best deals are off-market.

Oh the joys of home ownership!

I've narrowed my focus to include pure cash-flow plays in Indianapolis or Ohio as well as hybrid markets in Dallas, Ft.

HOA board members are generally unable to separate the "insult" of having to carry their neighbor financially from pure business decisions.I think your best bet is to work your deal so that the HOA is paid off in full.