@Michael Dallas this sounds like it could either be a great deal or a suckers bet, and unfortunately, it's impossible for any of us to tell.

(as it relates to within town limits)-Average rent rate for 1BR and 2 BR units-Average market lot rentThank you!

A drain pan is for emergency leaks from the washer, I would bet 90% of households don't have one (I don't).

Also, consider the potential for appreciation and rental restrictions, as some HOAs have rules that might limit leasing later on.Given your $20k starting point, a condo could work well as your first step into real estate, especially if you focus on one with a manageable HOA fee and potential for appreciation.

Those that own real estate will want to be active, those who are limited experience and time look at it as an alternative investment and want an expert to manage it just like some hire a financial advisor for their stock portfolio.

In fact, I would bet that 99.9% of all wholesalers could spend the some number of hours working at McDonalds and they would make more money.I recommend you focus on the house hack.

Here's the terms:FOR VALUE RECEIVED, XXXXX a limited liabilitycompany (hereinafter referred to as "Maker*), hereby promises to pay to MY NAME,whose address is redacted (hereinafter referred to as"Holder"), or order, the principal sum of $XXX,000.00 in legal tender of the United States, accruing interest at an annual rate of 18.0%.

My easiest and safest bet would be to just build the outside storage lot.

You really want unbiased investor advice so I would focus more on the responses that are from investors (or anyone) living in one area in their bio, but telling you about another area that the invest in where they have no vested interest.It's not to say that all agents are spamming, most is pretty reliable advice on their area, but it's still to be considered with a grain of salt.You are giving everyone too wide a scope to help you - anywhere in the US, and then limited to the Midwest (huge), and others.

Right now she has a Occupational Therapist in the downstairs (1/1) and an elderly couple who had a major flood and insurance is paying for it.In Atlanta, I am betting you will have all sorts of possibilities.