Keep in mind refinancing costs typically range from 2%-5% of the loan amount, so weigh the upfront costs against the long-term savings to see what works best for your goals.Good luck!

Eliminate debt, establish a budget, and save.

A simple baseline plan might’ve steered him toward properties with more reliable maintenace histories or a stronger neighborhood profile, saving him a lot of sweat.

I will have hard copies at the viewing, but if you print and fill it out prior to the viewing, this would save some time should you want to expedite your application in the process.

You have just saved 15 or 30 minutes or whatever time you would have put into analyzing it.

Thanks for the info.

This allows us to save time for you as a resident and save money for the owner of the property. 

Also, check if they have skin in the game (their own money invested), as it shows they’re confident in the deal and aligned with your interests.If you’re considering alternatives, REITs are fantastic for super-passive investors who want steady, low-effort returns—usually about 2 points above a savings account—but you lose tax benefits and control.

The amount you'll save off of the purchase price will be significantly more than what the vacancy will cost.

There's plenty of info to soak up on BP but make sure you also attend local meet ups, even if they might be on other islands and network with local investors.