Hi Becca,PM charges 8% and I tried protesting taxes, didn't work.As far as renting rooms,that is something I'd consider if the current tenants move out.They've been reliable for many years and I wouldn't feel good about asking them to leave. 

I currently live in the Bay Area, but I’ve decided to start investing in the Jackson County/MO area.

Looking at the places, they are all the "weird" kind or have some kind of alternative building practice.

Send it to every address they give you including the current rental assuming it will be forwarded to the address they gave the post office.

I could see folks doing new builds if they have 1031 money they need to place somewhere and they are putting 30%+ down however.Way too much sunshine in this thread about the current market conditions here in Huntsville and Madison right now. 

Good afternoon Jaycee, 6 make up the equity and they are currently under my name due to some past Refi's.I have actually proposed selling the trucking company to one of my drivers or at least giving him a percentage to recoup some of my initial investment.

We don't have much capital to work with outside the equity in our current home, but should be able to come up with first/last/deposit on a rental without selling.  

I’m currently a student and just requested a full refund.

All are perfectly functional now, but could pull higher rent with replacing the flooring, and updating the kitchen.My current financing setup for this deal would be $235,000 from the HELOC I already have secured.

When doing a fix and flip loan, the appraisal will determine the current as is value as well as the ARV.