Once it's fixed up refinance with a conventional loan and not bother with FHA and their expenses.  

A couple of questions that still bother me though: isn't the mortgage monthly payment gonna eat all income here in SD considering putting down only 5 - 10 % down?

Hello everybody, sorry to bother everyone with a topic that isn't really about investing but I really need help and BP is a reliable place that I could count on... 

the market rents in the area do not include storage, garages or washer n dryer hook ups, these are unique money making units, the average storage unit at a self storage place is around $125/mo I figure I could charge 100/mo per garage bay and 75/mo for the storage units, 3 very large storage units and 2 garage bays, I would keep a garage bay for myself. offering a discount to the current tenants seems like a smart idea.I was thinking later down the line, either refinancing for 2nd property, or trying to get the permits to turn the finished attic into a 4th apartment and turning the 2.5 story garage into a 5th apartment(townhouse style), then I'd have 5 doors on 1 property, seems appealing though I have not even bother researching this yet because I'm trying to take it one step at a time.

I concede it bothers me that’s where property is at in my neighborhood but it’s either buy now before the boom or probably not at all.

If ARV is $225, why bother?  

Why bother posting? 

If they bother you too much about your tenants consider changing your number. 

He never bothered repairing his fence, so I have yet to pay. 

I even tried to find a book on Amazon (for Alabama, don't bother), but couldn't get as much info as I was hoping for, especially considering how complicated I'd heard tax sale laws can be.