You also will not be able to see the house and no one should buy sight unseen without a history of doing it.If you are talking about Auction dot com or Xome or Hubzu, those come with a buyer's premium on top of the sale price between 5-10% and often have ghost bidders in the system so you will see it keep getting reset to hit a higher bottom.As a new(er) investor, auctions are where you go to lose money and take on excessive risk.

Ongoing construction projects valued between $26 billion and $30 billion fuel employment opportunities.

I follow a checklist in order to get rental properties up a certain standard: - The interior and exterior paint should be free of excessive wear, smudges/dirt and preferably in neutral colors.

Inflation might go up 5% next year and be primary based on fuel prices spiking while housing prices might be dropping!

Losing approx $5-10K per month during summer seems excessive.

Simply because the interest payment alone at 7% APR will be in excess of $3K, the total gross income of the earner you mentioned.

They are very transparent about where the money goes and great stewards, of it so we feel comfortable giving knowing they're not using it for frivolous excesses. 

A conventional loan may come in slightly cheaper, that's true, but the red tape on conventional mortgages is excessive to say the least.No Reporting on Personal Credit: DSCR loans are kept off your personal credit profile, which is perfect for keeping your personal and business credit separate.

Unfortunately, the perceived excessive costs involved in purchasing real estate can intimidate aspiring residential real estate investors.

A lease should state the heat source and who is responsible for paying for the fuel.