@Nicholas Cavato Purchasing with an FHA loan as an individual offers lower upfront costs (3.5% down), favorable rates, and better cash-on-cash returns, but requires living in the property for 12 months and cannot be issued to an LLC.

If you want insurance bookings, those always require a showing beforehand.

. 😄 I have already thought about and decided what I really want and I didn’t know that it was a requirement to work 5 years before desiring to be financially free!

This would be purchased as a primary home and then probably turn into a secondary home as their job would probably require a move over the years.

Hi Frank - your lender is likely requiring the primary residence clause as part of the 3% down loan program. 

With the requirement to disclose this, how do you advertise and create social media posts?

A little further from home you'll find some of the value you are looking for in Kentucky, another state that is supportive of manufacturing and in following the state Economic Development you'll see chomping at the bit for more manufacturing. 

It will require a considerable start up expense in the form of furnishing the units and then getting them rented.

They require almost zero labor and don’t care if you breaker box is full or at it’s amperage limit.

Here are some basic facts:Initial cash invested: $120kYear 1 Cash Flow: $12.3kYear 2 Cash Flow: $8.6kYear 3 Cash Flow (YTD, 3 months left in year): -$4.5kCurrent equity estimate (net of expected selling costs): $102KMortgage rates at or below 3.75%CapEx uncertainty: HVACs will likely require replacement within the next 5 years and one of the  roofs is nearing 20 years old.Market is the Huntsville, AL area.Underwriting hurdle when acquiring these properties was 10% CoC return annually.With a 10% CoC return after Year 1, I felt good about this investment.