I know in Philadelphia if I had a 2 BR house it would be viewed favorably by tenants who are seeking 2 BR living situations because most inventory will be apartment style living and for this reason would achieve a rent premium.

Get a copy.2) Bring your trust documents to any bank and open a trust account in the name of the plan with you and your spouse as the trustees.3) Transfer your existing 401(k) funds into the checking account associated with your 401(k) trust.

Hi Joshua,We do have a current house in Idniana worth around 120K.

Many people buy a house with a FHA loan and then turn it into a rental but it doesn't mean it's always allowed.

SFR houses will only appraise based on comps.So unless someone was paying cash you can't get more than they appraise for.The camp ground is a different story.

@James Tobin  house hacking is a GREAT way to start.

You will need a local attorney to close on a house.  

If the HELOC is from an existing rental property (A) but funds are used for rentals (B and C), the interest must be allocated to B and C, not A.This post does not create a CPA-Client relationship.

I have to flip an entire house to make $12k, but an agent makes that in a couple hours without having to leave their home?!?!

You don't want to distract the buyers from the house with too many items or stuff.