You’re definitely not wrong @Stuart Udis.

It’s definitely worth exploring these strategies! 

The lessons you’ve learned from the past will definitely be an asset as you work toward building that $3 million rental portfolio.

It definitely has a learning curve but it is quite robust.

I most definitely 2nd getting the utilities mapped first before digging.  

Nonetheless, with your current mortgage rate and solid equity position, it’s definitely worth considering getting a good, respectable tenant in there and watching your equity grow.

He is an expert in the area and can definitely help you weigh out your options from an investors point of view! 

Definitely a good way to look at this, I have not done this in the past and had to pay for it!

We are currently looking at a HUD home in Georgia - I have a couple of questions and can’t seem to find a definitive answer - The home is currently in the OO listing period - our plan would be to buy the home doing extensive renovations (the home is in a “Historical” area so renovations have to be approved) once completed we plan on living there full time - it could take ip to a year to complete or longer I don’t know  - as I see it the OO designation is to be the OO for a min of 12 months - is this after the home has been renovated or after you close on the home - though the house could probably technically be lived in now it does have some water and roof damage and needs complete redo of electrical and plumbing - for me to deem it safe - so not really livable by normal standards - but no way it would be livable in just a couple of months - any thoughts or an actual answer to the OO rules 

HI, Johnny & Drew-I will definitely act on your suggestions.