Projected sale: 950-990k Replacement property budget: 990k - 1.1M Plan: rent out the replacement home until meeting the requirements, then move into it while renting out a portion of the home via short-term rental 

It would be good to talk to a lender to make a game plan and review your financials. 

I just acquired one from a PM where they were charging a tenant a resident benefit package and a building protection plan.  

I apparently did not hit submit yesterday so here goes.Are you planning on buying in East Rochester then? 

One of the things we do and recommend to our clients is to purchase a home owners warranty to cover all of the mechanical, electrical and plumbing compenents.

What’s the plan?

My suggestion to any one that are first time real estate investor in fix & flip, or planning to hold property for rentals, is to learn or read, understand about real estate financing first, build your assets and network or partner withsome has completed some projects in fix & flip and has some rental properties with positive cash flow within your immediate area before dving in to any project by youyrself.

Good luck.I also plan on visiting PR(san juan for now,  maybe ponce as well) in November for fun and to learn more.

All depends on what your goals are and what market fits your game-plan/criteria. 

I plan to be here often but have been listening to the bigger pockets podcast for the last year now, and have consistently been saving to make my first investment this year.