That's just what I feared ;) I will have to figure out the Denmark real estate market for myself - won't find a ressource telling me all the hacks just that easily

I've finally come to the point that I can say, I have more to lose by NOT investing and have wasted so much time due to fear.

Your typical investor will run for the hills on this deal but there’s a lot of upside and fear drives a lot of those decisions .

We obtained tap fee estimates for $45k for water and $45k for sewer)Inspection Period Deadline: Oct 8Closing Deadline: Oct 15Assignment Fee: $50,000Earnest Deposit: $11,000MSA: Fayetteville MSA (376k population; $111k median home price; 13% vacant housing; $1,100 3-bed apartment rents)Located less than 10 miles from two Walmart Supercenters, a Walmart Distribution Center, and is near McDonald’s (0.1 miles), Food Lion Grocery Store (0.1 miles), Gray’s Creek High School (4.9 miles), and Cape Fear Valley Medical Center (11.0 miles).

If they make your life miserable and you want them gone...good luck.Yes it gives the tenant more "freedom" to leave.....but it also makes them "fear" that if they mess with you, then you get to kick them out very quickly.

My fear is doing the refi and not being able to find a good cash flowing property or not getting a tenant quick enough and being stuck with a double payment that I couldn’t afford. 

A lot of the posters are fearing the quality of the work, but any licensed plumber should be able to install a toilet.  

Stuff here rents so fast so that is my fear getting into a market that I don’t know so well.

My biggest fear is that there will be some very expensive repairs that an appraiser will not pick up (i.e. lots of mold in the walls and roof, lead paint issues, plumbing needs a complete redo, etc.) and push me well over my initial budget to maybe double or triple what I pay for.

I really want to go ahead and get pre approved for an FHA loan in order to buy a house hack, but we are still working on saving capital and due to our budget limitations, I am fearful that in order to get approved we will have to wait until my wife has two years of income under her belt and both of us can be on the loan and we can do our first house hack.