I currently work full-time in the medical field for the past 20 years which limits my time.My goal is to move to the Tampa Bay area to be closer to family and get away from winter with REI being full time or supplement my income.

Aim to buy “forever home” later on down the road, maybe at next correction.2. 

I'm aiming for June 2018 to finalize everything for my mom.

That is what you are aiming for at the end of the day.4.

I worked several side jobs to supplement my writing income, paid my half of our college-age children’s tuition and medical expenses, bought a Yaris, and lived frugally.

Hi all,I'm fairly new to the Milwaukee market and am aiming to buy a duplex but am wondering what to expect for the competitiveness of the market in the trendier Bay View/ Brady st / Shorewood areas?

.% down of the purchase price and the rehab costsCan be used for primary residence with 1-4 units (could also be looked at as a disadvantage)  When using 2-4 unit property, projected income from other units can be used to qualify 6 months' worth of mortgage payments can be rolled into the renovation budget if the house is deemed uninhabitable by the HUD consultantCredit scores can go down to 600s (lender dependent) DTI can go to as high as automated underwriting system allows (typically 56.9%)Allows you to buy a property in any conditionCan use it to fix minor repairs all the way up to basically a full tear-downFHA 203k Disadvantages: Interest rates tend to be about .25-.5 higher than regular FHA loan Additional costs include HUD consultant fee, inspections, title updates, and supplemental origination fee (Cost of doing business, but this is built this into your numbers, so it's no big deal)Must use a licensed General Contractor for a full 203k or up to 3 specialized contractors on the limited 203k Must hold onto the property for 1 year and live in it. 

Hi all,I'm fairly new to the Milwaukee market and am aiming to buy a duplex but am wondering what to expect for the competitiveness of the market in the trendier Bay View/ Brady st / Shorewood areas?

Aim to make the place comfortable and welcoming, not sterile like a medical facility.

Rental properties are a great way to quadruple your net worth using OPM over the course of ones career.My suggestion would be to keep funding as many 25% down loans as possible with your W2 income & aim towards a great retirement.