I don't like States that people- in general- are moving away from.

Quote from @Theresa Harris: Quote from @Kevin Sobilo: Quote from @Theresa Harris: I'm in Canada where refinancing is an expensive endeavor and we generally don't do it (we have to pay out all of the interest remaining on the mortgage). 

We have seen maintenance costs skyrocket over the past 2-3 years and every case is different but here are some general guidelines for reputable (non-crackhead) investor level pricing in our area of operations:Furnace and A/C replacement with lineset for standard 3 bed 1 bath bungalow.

You can also be referred to the State Attorney General for fraud.

Buying a property under general partnership with 2 other friends.

The collateral is so so and some have preferences such as certain asset classes they will invest in, but generally speaking, you can obtain an equity deal with very little skin in the game. 

Achieving excellence in anything generally requires an extreme amount of dedication and time commitment, time that could have been spent doing a thousand other things.

I would generally rent to them even if they are a little bit short on rent to income. 

Add prop tax, insurance, general maintenance/cap ex, P&I, misc and I do not see how any realistic underwriting can show this unit producing an acceptable return.  

Generally, #brokersarebest but there are outliers to that statement.