I remember working with a friend who inherited his aunt’s home.. he got so caught up in the emotional side of it that he forgot the nuts and bolts..like having a good plan for the renovation budget and timeline.

If your estimated rent from a property pays off the Mortgage + Maintenance + Property Tax + Insurance.

You also need to consider that at a lower percentage of money down you will be paying a Mortgage Insurance Premium or MIP. 

Earning interest outside a retirement plan sucks. 

Quote from @Keith Angell: Hello everyone,I’m looking for some advice as I plan the next steps in my real estate investments.

Property Management: Are you planning to self-manage or hire a property manager?

Do you think that sounds like a good plan? 

.: You don't need insurance or a deposit.

You can try and fight it but does not mean you will be successfulI would also be curious to see what your property insurance looks likeFor me this is just another example that home prices are gonna eventually have to soften as between taxes, insurance and Interest rates home affordability is very challenging

I'm finishing up an ADU garage conversion in Downtown Sac and plan to do medium term rental for travel nurses.