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

Oh and I’ve got a good bit of family in North Port.

HI BP,I am currently looking at buying a single family rental property that is currently rented.

Their first project...a neighborhood of single-family homes...yielded a steady 8% ROI in its first year.2.

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

Another lesson I’ve learned is that buying a single family home as my primary residence to later lease to a tenant is a bad strategy unless I’m purchasing the property at a really low price.

I've seen folks pick up single-family homes here for under $200K, add $20-30K in rehab, and refinance to pull out nearly all their capital.Indianapolis, IN: Indy is another fantastic market for first-time investors.

From google: “The Fair Housing Act (FHA) does not apply to certain types of rentals, including: Owner-occupied buildings: If the building has four or fewer units and is owned by the person who lives there Single-family homes: If the owner rents or sells the home without using a real estate agent, and they own no more than three homes Religious organizations: If the property is only available to members of the organization's religion Private clubs: If the property is only available to members of the club Senior housing: If the property is designated for people who are at least 55 years old Even if a property is exempt from the FHA, it must still comply with the law's ban on discriminatory statements, notices, or advertising.

I was insured through NREIG when it was a single rental to one family but now since I have transferred to room they dropped me.

I plan to invest into smaller multi-family 2-5 unit turnkey properties.