Prior to house hunting it would be best to work with a lender in getting pre-approved to have your financials reviewed so you know the maximum price point you can start a property search around. 

I include non-paying tenants as part of the vacancy risk included in calculations I make prior to purchasing a rental to ensure it will cash flow.

Hi All,I'm doing some STR research prior to buying a property to use for vacation rental and I wanted to hear from you all what are the typical STR monthly expenses?

A great agent will also invest in home, pest, and roof inspections to remove doubt in a buyer's mind prior to making an offer.

1) Appears the property has ungrounded electrical system, not required prior to 1971.https://en.wikipedia.org/wiki/Three-prong_adaptor#:~:text=In%201971%2C%20the%20US%20National,effective%20January%201%2C%201974).2) As a poster alreadsy mentioned, the property may be up to code, just not today's codes. - When building codes are updated, it is often uneconomical for all buildings to be upgraded to meet new codes.

The answer is that if there is a lien prior in right to the foreclosing bank, and it goes to sale and you end up being the successful bidder, you will take title with the liens that were prior in right.

Assignee assumes all responsibility to performany inspection, investigation, and evaluation thereof prior to the signing of this AssignmentAgreement.C.

It's always better to go off a referral with a proven track record rather than a random number from a Google search.One caveat to consider is that without owning prior real estate or a primary residence, securing long-term financing might be more challenging.

Prior to 2008-09 I thought that I had a magic wand and could turn turds into $$$'s. 

I happen to know that postal delivery people scan all items prior to leaving the post office, and not when they actually delivery the item.