I think that is also largely because that same home was 320 at one point vs 420 now.If you look at the affordable suburbs (not Green Hills), you will notice that they are beyond smoking red hot at the moment because it’s pretty much the only area you can get anything decent for under 300.

Good luck to you, you will find with more than 50% of rent going to debt service, these are not great cash flow properties at the moment. 

After years of being in the buy and hold side of real estate investing, I finally was a genuine 'Wholesaler"It happened after years of reading about it, watching the video's  and then going back to read again with the...

My military training has taught me to come up with a plan, even if not perfect, and execute it with 100% intensity and be flexible enough to adjust direction and tackle problems in the moment.  

Anyone who make more than $400 net profit at the end of the year is taxed on it even though this might be their only income.With this in mind, can Michael N say "I am a business owner" (as a sole proprietor) prior to starting his trip to Kansas and start deducting all his business-related expenses from this moment on?

Where we stand at the moment is he has capital, he is interested in investing, but with his job and family he doesn't have the time.

I'm looking into buying the first investment property, and it seems like the only thing I can afford at the moment is properties from a low-income neighborhood without putting me into significant financial risk. 

I will take your advice and I am a little overwhelmed at the moment.

I plan on riding it out in Central Florida.But with the track still uncertain and seemingly shifting west it's still a guess as to where the worst of Irma will happen.Best wishes to anyone in the path, stay safe and maybe share what you're doing to prepare if you have a moment.  

I'd love to pick your brain about the experience if you had a moment.