Hello, my ex and I have divorced and we’re managing the property together, it’s currently not cash flowing so we are paying 50/50. 

Sure, the cash flow might be tight, especially in a high-cost area like Seattle, but you’re building stability and experience, which is invaluable when you’re just starting out.To be transparent, I invest out-of-state and help others do the same, so I’m incentivized to tell you the opposite.

move out and turn it entirely into a rental.as i say in what seems like every post on BP right now, we are not in a 'cash flow' market with prices and rates high. 

I am not saying that to brag, the reason I say it is we all wish we could get into real estate at a younger age - but we are all different and depending on your level of risk, sometimes being patient is not a bad thing as its a marathon not a sprint.  

Get estimates for all repairs that are above fair wear and tear in advance. 

We are currently looking at a duplex to get our foot in the door for REI.

At the time this method was best for us because we both had recently graduated from college and had over 100k in student loans and car debt. fast forward to now we completely DEBT FREE besides our home and we are looking to purchased our single family/forever home and keep our multi and rent it out. 

Although, we are in an easily accessible market I have owners that have never seen their properties.

We are purchasing in the 43206 and 43202 zips.Thank you!

We are currently looking at a HUD home in Georgia - I have a couple of questions and can’t seem to find a definitive answer - The home is currently in the OO listing period - our plan would be to buy the home doing extensive renovations (the home is in a “Historical” area so renovations have to be approved) once completed we plan on living there full time - it could take ip to a year to complete or longer I don’t know  - as I see it the OO designation is to be the OO for a min of 12 months - is this after the home has been renovated or after you close on the home - though the house could probably technically be lived in now it does have some water and roof damage and needs complete redo of electrical and plumbing - for me to deem it safe - so not really livable by normal standards - but no way it would be livable in just a couple of months - any thoughts or an actual answer to the OO rules