The resulting increase in crime drove many of the other residents out, leading to high vacancy rates and constant police calls.

Investment Info:Single-family residence buy & hold investment in Montgomery.

Investment Info:Single-family residence fix & flip investment.

Hello MS locals/residents,Im currently assessing a single family property in HornLake for a buy and hold and hoping to get the opinion of a local on the outlook.

Depreciation, and if it will increase your property tax.Find out what will be your new insurance requirements, and verify your lenders  are aa onboard with this transfer.Add up your resident agent fees, and find out the yearly costs for PO boxes if needed, plus the yearly cost for corporate formalities for each shell.The Federal Government now requires every entity to file with them yearly, the owners of the shells.

Investment Info:Single-family residence buy & hold investment in Montgomery.

I don't think I fully understand using HELOC to pay points and holding costs only.Taz, that was my initial thought as well - even though it would hurt to get rid of a 3.5% interest rate, I could get an equivalently priced home with today's conventional primary residence rates and have about the same monthly payments that I have today, simply because of the HOA fees. 

My other purpose other than some hopeful appreciation over time is that my primary residence is 1 mile away.  

I also have a primary residence that I'm going to turn into a rental and buy a new primary residence.

Investment Info:Single-family residence fix & flip investment in Austin.