Depends on the area. 

Or free up more of your time depending on your goals?

@Jordyn OhsThis is a loaded question as it really depends.

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

Also, it depends on what area of the country you're talking about.

All depends on the operator, the segment there playing in. 

But, I'm fairly risk averse, and do live in a heavily tenant leaning area as far as regulations and court judgements. 

Depending on the severity of smoke damage and structural issues, it could be a huge challenge for first time flip.

Best I can tell all in all we about 3X cash on cash over 5 years.infil lots depending on lot we could double our money in 9 to 12 months cash on cash.. so on and so forth.

We have many efficincies under management with a ~10% vacancy rate with prices ranging from 485-625 depending on location property quality and amenities.