Open to any ideas.We live in Texas but all the rentals are in Washington state, if that matters. i did a 1079 on a kubota for 35k one year, cost me $300 a month- wit the 8k that pays 2 1/2 years of payments and use te 8k as a down instead of giving to the govt.doesnt work everytime but if you are continuing to buy and hold its completely doable.

The beauty of this is he was parked my lawn with his business name on his truck, standing there when a Google maps car drove by a snapped the perfect picture of him working on it.

See what we can do now to build equity instead of waiting on the LV market to improve and continue renting here in Vegas (we have a really good rate with our landlord) and instead buy our personal home in Texas as a secondary residence so that we can start creating equity sooner (its a beautiful manufactured home so not a huge mortgage).

Impossible to render a “judgement” without a skilled person to “cross examine” each “witness”.  

This home was purchased, thoughtfully renovated, and beautifully furnished for use as a mid-term rental in Richmond, VA.

Out of state friends we take to the lake always comment on how amazing and beautiful the lake is and how big it is. 

Replacing it wit a new one is my current strategy. 

Since last year of November, Fannie and Freddie has allowed borrowers to put min 5% down for conventional loans and being able to invest multifamily up to 4units.Also, the beauty of FHA is that it allows you to put 3.5% down payment to invest in 1-4 units.

In all, we were able to do a cash-out refinance after 1 year and got our entire investment, including down payment, back into our personal accounts and we still have a cash flowing property.The beauty of smaller town and communities is that often big-time investors are not looking at them as closely and they can cash flow quite well, at the sacrifice of "natural" appreciation.

everlasting beauty