Rehab projects are great and they give you the option to sell and move on after completing or to hold the property as long-term rental to generate some extra income.

(Only half the taxes are due and maybe they could afford a 15 year mortgage on the lower amount.)

My husband and I are still working our W-2s (and extra), but we can't move on another property until this one is at least paying for itself.

Just get extra liability insurance on them.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I am thinking since I want to continue my real estate journey if I should buy a duplex and just live in it and rent the other half out as opposed to buying a single family. can a single family home that you live in be considered an investment at all?

As a fellow Northerner, I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

Purchase price: $245,000 Cash invested: $50,000 This was our primary residence that we are lived in for 6 years while we fixing up and renovating. 1963 farmhouse that was outdated and loads of half a$$ work and deferred maintenance.

Each time about half the units on the sand got red tagged and had to be built off the sand at the inland part of the lots.  

Most brokers will want to protect their exclusivity on an off-market deal, as they put in extra effort to source it directly for you.3.