The home was then sold for a profit, providing a strong return on investment.

Now the post test reveals I have pvc sewer line leaks under the concrete foundation. plumber has found multiple breaks in the line which need to be repaired and has provided an estimate for tunneling under the house and replacing entire 45ft main line!

I met both of them and provided a letter with my contact info, my property manager’s contact for repairs, and instructions to sign up for Avail to pay rent (the previous landlord used Zelle).One tenant was cooperative and signed up right away, but the other sent me this text:I understand you're the new owner and want to use Avail for rent payments.

@Katie Camargo Don't expect the acquisition lender to provide better terms.

With the numbers you provided above, you will have to ensure you have healthy reserves.

Just given the information that you provided, I would say buying a house where you can rent out rooms or a separate apartment is a great way to start.

I considered starting out house hacking a MF, but it will only increase my monthly expenses, not lower them or provide cash flow. 

Do not allow dog until proof of insurance with you as additional insured given.also, keep in mind you only need to provide reasonable accommodation. 

If you provide excellent housing and excellent service it is likely that your turnover rate will be lower resulting in less future vacancy.

It is unfortunate that your lender is not willing to cash out or provide heloc, I'm curious what you mean the price is too low?