Asbestos isn't really that bad/hard to eliminate.

This eliminates double bookings and allows the cleaners to be aware of last minute bookings without a source constantly monitoring and updating. 

I also have very few properties with any carpet and eliminate carpet whenever possible.

If prospective renters are aware of your rental criteria prior to submitting an application, they are likely to eliminate themselves if they don't have what it takes to be successful and will not apply in the first place.

If you can't find good management, don't invest there.Some areas will be eliminated because you can't get both in one location.I'm very current in the Dayton and Columbus markets.

I then look at the Google street view.I do all this to eliminate properties I wouldn't want then I drive by and look at every property that I might bid on.Do not bid on anything that you have not personally seen!

By paying cash, you are eliminating the need for a financing contingency.

Then your #1 goal should be to change your way of thinking and spending habits, then eliminate high interest debt.

Now these jurisdictions essentially want to eliminate owner financing by stipulating high risk terms.

3/5/2019Sherelle – thanks for the post / questions and outline Fyi – there are some conventional loan programs that allow a 3% down payment ….I would recommend using this program versus a fha loan program if possible …this is because with a FHA loan the monthly mortgage insurance remains with the loan permanently and with a conventional loan – you should be able to eliminate the mortgage insurance in the future ……Also – if you use a FHA loan for the first home - using a FHA again for next property might be an issue …..you allude to this in your question #2Regarding cash flow analysis ….other items to factor in : utilities / property homeowners insurance ( this will be a little higher when you live in home and should decrease a bit once you convert it to a rental policy / are there any deferred maintenance issues on the house ( roof / furnace / water heater / foundation are the bigger tickets items to watch Definitely get pre approved so you know for certain what you can afford and also so you can begin becoming more familiar with the numbers …we can assist with this if you want - contact us Thanks and I hope this helps Dave Skow