Condos can definitely be a less scary way for a newer investor to get started and grow from there.As Joe mentioned above, you will definitely want to add in the HOA fees and any other special assessments into your cash flow analysis.

hey @Noyessie Hubert Im an insurance agent and I specialize in the home buying industry-- we work with multiple carriers! 

For financing renovations or improvements on your Section 8 rental property, there are several options to explore, including grants and specialized lending programs like the Community Investment Program.

. - If you don’t get significant movement within the next few weeks, preparing for a rental strategy might be the safest way to avoid holding onto the property through winter at a loss.

Without trying to justify the big leap into the game, all partners are fully prepared in all aspects to commit to growing our business and be bound to the by-laws of the corp.

One of my meetings there was with a real estate lawyer who specializes in legal contracts.

Community Banks are more likely to work with you as an investor, but they are going to require higher liquidity from you, a significant deposit relationship, and will likely not be as agressive with the loan terms that you might find with lenders that specialize in investor deals.

Too many in your shoes focus all of their time and energy on preparing for the liability event and fail to address the items in their day to day business that can actually prevent liability exposure.

Now, you should be aware that when your Roth IRA invests in a real estate syndication, although the Roth IRA grows tax-free, there is a special tax called Unrelated Business Income Tax (UBIT).

If they don't specialize in a certain skill, they know someone who does.