I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

The first step is talking to a lender and getting pre-qualified.

Looking to improve my investment skills, I decided to get my residential home inspection license which led to me starting HLC Home Inspections.

How many mortgage lenders have you spoken with to get qualified and discuss allowable down payment options?

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

As I said earlier, this is strictly for investment purposes.The property does not have to be turnkey, if there is room for improvement that's of no concern as we both have the skill set to invest in whatever upgrades are required.

One golden rule I follow,if it takes a long time to fix/replace when it breaks, don't buy a cheap one.Imagine, this thing breaks in the middle of your peak season and the people who can come out to rebuild are 2 weeks out....It takes at least a day or two to build something like this even if you are super skilled.

If you are worried about it I would find a duplex or triplex/quad that already has one side rented and the other is month to month and use the income from the one rented to help you qualify.  

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.