Luckily for us the issue was not huge, but we missed the inspection window before we found that out. 203(K)’s have higher rates than standard loans, so consider the timing of your refinance (especially in todays environment).

And, as pointed out, disability is insurance through the social security system, it's not a giveaway that politicians like to claim to fire up that workingman ethic pitting people against each other for political gains.If I owned an ice cream store I'd certainly sell to anyone having the money, same with RE, if they qualify, they get it. :)

I share this because I think there is a myth that you either have to self-manage and run around like crazy OR shave 8-10% off the top of your rentals to get a PM company who can't give you the time or attention your portfolio needs.

If your $2,060/mo is a true cashflow then the deal yields 2,060*12/85,000 = 29%To be conservative, shave $600 off of that for vacancy, repairs, misc and you get $1,460. 

Free standing single tenant buildings are the cream of the crop in my world. 

Also if you are not careful in his group you may shave your head and spend your days at the airport handing out flowers.   

@Rashad S. Have

I think the stats way back to 40's have the majority of the paint manufactures using lead as an additive. 

.- Tile bathroom with different, likely cream or light gray colored tile.

And of course, being the "guru" he makes the most dangerous assumptions that "guru"s have, they know it all.