The new tenant responded back that she is not smoking and the smell is possibly the smell of her incense candles.Unfortunately I did not have a 'No Smoking Policy' in the lease.  

Like you as a mortgage underwriter, I have many years of experience being a professional supporting real estate investors as a CPA, but I now wanted to become a real estate investor myself.In late November of last year, like you're doing this November, I wrestled with the question of investing locally with a 4-unit purchased with FHA financing vs. investing out-of-state and got a lot of great advice.Like you, my goal is to retire within the next 10-15 years via real estate investing.As a result of some of the advice I've read through the forums (I would recommend you pay attention to guys who have been in real estate for decades like @Jay Hinrichs rather than the younger folks who are often just pushing their turnkey products) and speaking to investors at local real estate groups, I decided that given my place in life I would be wiser to place my bets on California appreciation over the next 20-30 years rather than investing in some beat-down property in Cleveland for an extra $400 or whatever in cash flow per month.Given the facts that (1) I could get into a property for a measly 3.5% down, which would free up cash to invest in other places if I so chose, (2) I was already throwing away rent every month such that I could still be cash flow negative of $650/month (what I was paying in rent) and still be better off because a portion of my monthly payment would be building my equity and the rest would be tax deductible, and (3) I'm in my 20s and have the time to take a long-term view of appreciation potential, it was a no-brainer to go the FHA 4-plex route in LA, despite the fact that it is one of the most expensive markets in the country.This isn't to say that the process was easy.  

Especially in the case that you have a good tenant that put the deposit down.To me, its a no brainer.

They remediated their tank but one of the surrounding neighbors was leaking and they couldn't find exactly which one and couldn't force neighbors to test so they still don't have a No Further Action letter from NJ DEP.  

I'm in attorney review on my first rental (SFR), as a no-money down deal!  

Long story short I negotiated a no money down land contract on it at $35k, which is my standard M.O., with plans to rehab and rent it.

Any of those things would trigger a no and you move on to a "qualified" tenant. 2.

I think it is easier to do "no Money" deals after you have some money. which is no longer a "no Money" deal in my opinion. 

here's the answer:flips - absolutelyrentals - unless it's in the warm states, it's a  "no"!

When doing a cash out loan you have slightly higher rates than a no-cash out refinance. 6 months after doing a cash out loan, you can refinance that loan as a no-cash out refinance.