Another common problem is poor due diligence—jumping into deals without verifying the borrower or collateral often leads to future regrets.I’ve also seen over-leveraged borrowers cause trouble, prioritizing other creditors over private lenders.

We will both keep our W2 employment for the near future just looking into getting an extra income or make our retirement easier.

I define small business owners as people who employ w2 employees.

Providing a starter supply of items like laundry detergent, dryer sheets, and toiletries is common practice and works well for short stays.

@Ethan Borshansky, There was a brief period of time in the early 2000s when this type of "leasehold exchange" as described above was fairly common. 

The garnishment has to be filled in county clerks office and the paperwork is served to the ex-tenant place of employment.

High 6s to mid 7s is more realistic for the most common deals (70%+ LTV).Also, the FFR doesnt really directly impact mortgage rates.

I'd also recommend staying away from townhouses if you can but understand in some markets they are more common than others.

In areas like Frisco, Plano, or Arlington, proximity to major employers and universities like TCU or SMU can make a big difference.Stay Curious and PersistentReal estate investing is a marathon, not a sprint.

General Contractor - Look for someone experienced in renovating older structures common in Baltimore.