Options to Renew Options are another potential deal killer, especially if the investor has intentions of repositioning the property to achieve higher rents.

If a unit is damaged by renters, who pays the bill, renters or local HUD organization?

. $300 will convert on $500 or more for repairs and additional costs.You have to find a good deal and partnering with an agent to help you achieve that is key.

Fortunately, the tenants that were occupying the unit I am moving into decided to move out before July 1.

I don’t discriminate and every applicant is considered for each unit, I just don’t focus on Section 8.

I suspect more effort than BRRRR, but I can achieve far greater work with a brrrr

With determination and the right resources, you'll be well on your way to achieving your real estate dreams.

What type of property are you look for now, SFR or multi-unit?I

Obviously, the unit is very outdated with them being there 10+ years.

Buy something where the rent coming into you is more than the cost of owning it, which will include taxes and insurance, and downtime between renters while the unit is turned, and sometimes roof replacement, etc...