Send written letters, nice stationary, handwritten envelope, explaining why you selected his property and what your vision is for it.

Leverage is a big factor in real estate investing, as investors can control large assets with relatively small down payments, increasing their potential returns (and risks).6.

Therefore, you need to select the tenant segment first.

I feel like having such a low payment and rate make it stupid to choose selling the house, but since I haven't been in this position before, I thought I'd ask here.

Some people make 4x the rent but squander their income on eating out, drinking, car payments, etc.

-Allocate a portion of your funds toward extra payments on the current mortgage while also setting aside money for a new investment.

Apologies if I missed prior posts asking the same thingI want to take advantage of the low down payment requirement however need to find a lender supporting this loan type.Can you please provide any recommended lenders for Homestyle loans (or even 203k) that serve DFW? 

This means the loan value will equal the property value and your mortgage payment will be high.

.- Most contractors will cut corners, or worse, once they figure out they won't be watched closely:( Your job will also go to the bottom of their priority list.Monitoring progress is relatively easy: hire that same inspector to go by weekly or before any payments to take a VIDEO of:1) What was done2) Quality of workmanshipOne other thing you didn't ask about, payments to contractors.- They all want 50% down or as much as they can squeeze out of you. 

So the payments will be higher than a 30 year and you have to account for that.