More if you are in an area that has a transfer tax.

I’ve recently paid off some debt and am earning a decent income, but my savings are still modest and not yet substantial.My plan is to use an FHA loan to acquire a decent property, claim it as my primary residence for a year, and then either sell it for a profit or potentially rent it out.

If it is to cash flow right now, then you're right you would be a little tight with your tax/insurance escrows.

This address is reflected in the land survey, tax collector, and mortgage. 

My 14 year old now makes over $100/month passive income from her % owned and my 10 year old is at like $65/month.In this process we are building their interest in real estate, teaching them the value of putting their money to work for them, and all the while growing our investment if we need it for their college money some day! 

This allowed me the opportunity to score my first true passive income STR in Keystone, helping to propel my love of rentals and starting to build my future. 

If income is your constraint that might be something to see if there's room to increase.

At least now your tax basis is $220k ;-)  What was the extent of the repairs?

It’s personal to the employees, who are directly impacted by the work culture of the business and rely on it as a source of income.

Others don’t verify identity, making it easier for someone with a bad history to slip through.A thorough screening process that includes ID verification, eviction history, and verified income data can help landlords avoid situations like this.