After 3-5 years on average you have to expect a few things to do and we also take the opportunity to do some upgrades.The range is wide: we just had a tenant move out after 10 years and they left the home in great condition, but had to replace 2 vinyl windows that had broken thermo seals, replace the kitchen vinly floor with LVP and upgrade some of the light fixtures.

So i need to find one or two properties in that range. 

What is a good price range for a first house in Louisville knowing I have enough saved to make a large down payment if need be? 

Here’s a story that illustrates this point perfectly.A few years ago, Dylan, one of our team members, was at home on Christmas morning with his family when the phone rang.

Ladies who have body lotion and other stuff on will jump right in the hot tub without rinsing it off.  

These properties are in the B to A class range, 2002 built so this is the first time needing an AC system replacement.I am curious what everyones thoughts are here, would you go with the nicer system since you will have the property long-term, or is the $1,000 cost difference too steep for you?

For buyers, down payments range from 20-30% and adjustable rates are generally about 75-100 basis points higher than a traditional mortgage (no fixed available).http://www.vacation-finance.com/index.htmhttp://www.dotcomdesignstudio.com/gallery/patrickmorrissey/fractionalfinancing.htmhttp://www.firstfractionalfunding.com/

If I show all my assets now that equal a down payment to get the ball rolling and start shopping for properties in my price range, but plan on using income I will receive over the next few months as a down payment could that work.

What price range, number of units did you have in mind?

Most of the deals I’m doing today are in the $80k-$90k range, with rents between $1,200-$1,300, which gives a rent-to-price ratio of around 1.3-1.5%.