It is a small town, definitely a tertiary market right now, but that is where opportunity is going to be found.I think LTR, in the right location, can provide enough revenue annually to cover all holding and leverage costs while the resident pays down the principle and the demand in the city sustains slow and steady appreciation. 

Let's say it's $100 a month and the cost to install a fence is $3,000.

Which ok, I get it, ACH cost money, BUT, RentRedi does not give the landlord the option to pay that. 

I selected Lewiston for the post as I didn't see an Augusta option, but I do work all over the state.It was my family's property management business that brought me to Maine and sparked my interest in and passion for helping investors achieve their goals. 

I am learning in the real estate business as well but in the Kentucky/Tennessee Market!

Yes Joel, That would be a business purpose DSCR loan.

It is your first year when you get the major tax savings windfall due to cost segregation and bonus depreciation.

I own a duplex in Clermont, FL just outside of Orlando and initially wanted to split water meters between the two units, but the cost and amount of work were higher than expected.

It's not good to burn bridges in this business, and we agents do a lot of free work that we never get paid for.

They must be very low odds because insurance companies are in the business of making money, not paying out maximums.