It's just wild that you came out of pocket ONLY $14k! 

I was studying the market and my rent will be just enough to cover the mortgage and HOA fee now I might to pay out of pocket for insurance but don't want to sell it yet because the area is growing and might have good appreciation in the years that follow.

Our daughter lives three block from there and we thought eventually she possibly could move in there.

If I was the buyer's broker, I would have checked myself to protect my client.If they had, then they would have found out it was not a three family.

Long story short, you spend a month cleaning and renovating, then you find a new tenant after just 15 days.In total, you lost three months of rent income ($3,000) plus paying utilities ($500).

Ask your employer if you can have your pay split up into three deposits, one to investments savings, one to your checking account for personal use on a daily basis, and one to an emergency account you can tap into so you don't have to tap into your investment savings.

Currently have three more in progress right now in both North Carolina and South Carolina. 

Our first event may be geared toward beginners but I’d like to have discussions at all levels & all different topics.It will only be 40 minutes long max, because that’s what my Zoom account is set up for.See our announcement on Bigger Pockets here:https://www.biggerpockets.com/...I’ll be discussing some of the most common questions people have about real estate.

Hi Benjamin, call three insurance companies and get a quote, start there first.

Quote from @Brett Sheeran: Hello Bigger Pockets community.