The next house I hope I will be able to get for $80k or so with 20k built in equity and pay it off like mad over the course of a year or 2.

. ($60,000 deposit + $20,000 for renovations =$80,000) Also the built in equity of $100,000 as a secondary factor has to be considered.

I guess I figured if I was able to have the rents pay the mortgage for a 330k house, I would be doing pretty well - considering in 10-15 years (if I was making extra payments towards the mortgage) I would have 330k in equity.

The cleaning fee she charges me is an additional fee charged to the tenant when booking so it is not out of pocket.2) You can easily self manage if you have a person out there you trust as your cleaning/maintenance person. 3) I know it's only 10k a year profit - but in the long run it's paying for itself and in 10 years when I have it paid off, it's going to be 330k (more at that time) in equity - thats why I am doing it.

There is probably about 20,000 in equity in each property.

I like the idea of purchasing $20-30K in equity, but being $20K out of pocket hurts.

Under 20K for a SFRMaximum rehab 5KMaximum rehab time 2 months (Part-Time)Must have 25 to 30K in equity ARVMust obtain $550 + in rents.

Speculative excesses and growing inequality, he wrote, always destroy the foundation for a continued prosperity.

The other 50% owned by the deceased spouse passed to the deceased spouse's descendents in equal shares.

There is 65k in equity or value there.