Are you purchasing in the hopes that rent prices will catch up? 

They are all on Social Security, which is good from a regularity standpoint, but if they screw up and miss even one payment, you'll have to evict them, because they will never catch up.Good luck!

The catch is the capital gains tax; he pays if the selling price exceeds what he paid, plus improvements, minus claimed depreciation during renting.

Or roll the dice with listing and see if you can catch a buyer who doesn’t care enough to ding you.

Also, have a thorough inspection to catch any electrical or plumbing issues that could be lurking.

FYI we've changed our approach entirely and have lower fee initial entry points to avoid the challenges of long term project based arrangements so we can catch issues much sooner.

You need inspection report rather than video, video doesn't catch issue.

With the way prices and interest rates are going in our area it feels like a never ending game of catch up sometimes so this will really help us get our foot in the door.

But do you catch fish with a stone?

This strategy is all about beating the competition with eye catching architecture, so not interested in rehab/renovation of other local housing stock.