One can make money OOS still but there is the consideration for quality overtime as the FI writer notes.

My name is Jeff Boardman, I am a 34 year old desk jockey with dreams of FI.

1 – Rental Return with Cash Purchase Purchase: 120k+Renovation: 35kAll-In Budget: 155kAll-In Budget: 155kMarket Rent: $1300/month% Towards Expenses: 30%Annual Cash on Cash Return: 7.04%2 – Re-Finance After RehabAppraised Value: 185k 75% LTV - $138,750Cash Still Invested - $16,2503 – Rental Return After Re-Fi Cash Still Invested - $16,250Market Rent - $1300/Month% Towards Expenses: 30%Annual Cash on Cash Return: 67.2%We’re very excited to break ground on this project and once we begin construction, we’ll be sure to update everyone on the progress.

& Semper Fi!  

Its not a very big house-around 1200 s/f. I

We have a great relationship with our lender and they will re-fi but it always has to go to committee for an exception. 

Thanks @Bettina F. , I was not aware of this exemption.

Colleen F.  I

I am a mature and motivated 19 year old student who is on a mission to help my father gain FI after he has worked hard for 42 years.

Being in KY with property in MS and SC, I can't really dispute a repair.