. 😄 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.

A buyer making a huge fuss about EMD is likely going to be a red flag in the seller's eyes.Best way would be to negotiate a smaller amount up front and then put the balance of the EMD down once you've gone through your DD.

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

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

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

A balanced approach—leaving some 401(k) funds for diversification while allocating after-tax dollars to real estate—can optimize tax efficiency and meet retirement goals.This post does not create a CPA-Client relationship.

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.

You are required to close if the assignee doesn't.Saying attorneys are ignorant of the law is hubris in the extreme.