Even with a 25% fee, you're cash flowing better than a long term rental, so the fee should not deter anyone! 

Without tenants it's easier to show the property and the condition can look better than if tenants have their stuff everywhere.

Asking in the correct forum will get a better response.Read the RULES!

Also hoping it would help me evaluate properties better or gage compentency of construction crews i work with. 

Simple is often better, especially when starting out.

If i can invest it and make a significant better return after tax than paying it down I would do that but in this instance you will never be able to achieve returns that match credit card debt.

Note that at that price point, you can buy mansions in "better" areas nearby (e.g.

I hope they are an even better experience beyond the credential wall.Congratulations on joining, it's a great tool for leveraging your real estate investing.

. - PRO TIP: many builders lose their license then create new company in name of wife or other relative/friend.2) Check Better Business Bureau, but don't assume all the complaints are legit. - If there area MANY, then that is a problem.

And you are better off focusing on deals rather then dealing with a tenant.