You will also discover the warranties don't cover as much as you think, and claims are often denied.Home warranties are so bad that most professional property managers will not manage a property with one in place.

I think in any market the best way to buy right is to find an area you like and canvas that area with letters, calls and door knocks, getting out and talking to people.

If you're thinking of denser development, you can split the lot and go for up to 4 units across 2 parcels.

The picture makes me think of a "mini" hotel or some type of destination/STR property. 

If you think this distinction is unimportant, consider what happened to investors who placed their IRA funds with American Pension Services,—an administrator whose founder mishandled their money causing a $22 million loss.

I think a community bank would be much more apt to put a deal together for you than a big national or regional bank like Huntington.

I dont think I would have any cash flow from renting after paying me mortgage.

I'm just south of the twin cities, but I'd think Fairbault or Owatanna might be a good place to meet since there centally located between Rochester, Mankato and Albert Lea.

I think it's worth trying.

Hi,Just watched the latest BP podcast about cost segs and it got me thinking....What happens after depreciation runs out on your property?