Thanks for any insights on this guys... at this point, the whole virtual business realm is so new that it feels like keeping the cheapest office unit for now would be the wisest move... but that'll be another $3,000+ per year in expenses that we would prefer not to pay.

I know in many areas that have laws about this, if you have attempted to get your landlord to fix a problem and they do not within a reasonable time-frame, you are legally allowed to pay someone to come and fix it and then deduct the cost from the rent.

As long as the maintenance was taken care of within a reasonable time frame and complied with landlord laws then you should never lower the rent or take partial payments.

Hi!! Silvia here...I am new to the forum! Thank you in advance for your time and consideration and helping with my question. I’ve done forum searches, but still have questions.I’ve done only two all-cash deals so far ...

Turned out to be an easy inexpensive job, 4 hours and a $1000 later I had the place structurally sound.

Phillip, they had no actual requirement on the timeframe but capped the loan amount at 70% LTV.

Rentec Direct, because:  (1) A complete management solution for professional property managers,  (2) All of the tools for landlords to easily manage properties and tenants,  (3) Order instant credit, criminal, and evicton reports on your tenants, and (4) Inexpensive.

Are you suggesting it should be drive-able from where you are, or would a quick and inexpensive flight suffice?

I've enrolled in an inexpensive course on analyzing real estate investments and have set up various online saved searches to forward me houses that meet certain criteria. 

We live comfortably mainly because we have no bills, and we live in an inexpensive place. 6 months ago, my wife and I were able to buy another house.