Originally posted by @Dan Fisher:Have you determined what type of property you want to invest in? I

I've been nipped at several times in the past by pro-Memphis folks who think I suck for not liking Memphis, but I have never liked Memphis as a market to buy in. I

At lease signing or move in, I want to see the pet. 

Question is, does that include past dues owed the the HOA that the property is located in?  I

FHA Inspection called for egress window which was a surprise so to make it quick we upped the purchase price to $196000 to cover the $2000 price for egress window.Total rent is $2700 and my mortgage is $1226 so once all operating expenses were added in I am cashflowing about $950 which for my area is awesome since most multifamiles are at 6-8%  Cap Rate and my property was 11%.I financed using FHA loan putting only 3.5% down because my plan is to move into a unit for a couple of months do renovations to get the rent up and then buy another multifamily and repeat.So there you have it and I am very excited to continue building my portfolio but I know and will reiterate the point that you can spend all your time learning and dreaming but once you make that first step it suddenly turns into you running and making your dreams come true.  

You'll get a wealth of REI knowledge and learn how to take full advantage of Bigger Pockets (including how to connect with other Texas investors).Listen to the podcasts , get active on the forums & set up key word alerts to be notified when people are discussing topics you're interested in. I

Hopefully by that time we'll have a work around since the area our 4 unit is in is experiencing rapid appreciation and I would hate to be capped on it down the line.

They tell me they have a son that lives in Indiana where the property is located in Hebron, IN; the home is in Merrillville, IN. I

Love Greece and surely see the appreciation value, but beware and remember to make the money going in.. I

While I don't understand why a lender would call a note due when the payments continue to come in, I hear it happens.