This "ready to rent" verbiage seems to have some gray zone, and we are wondering what people are doing out there who seek to deduct as much r/m expenses as possible.

Point breeze/Newbold and maybe even Grays Ferry for long term 10+ year growth.

Also, would love to know where the gray matter name came from!

@Quentin NoahHey Quentin l, wholesaling is a very gray area and just starting out with no experience you could put yourself in to a lot of legal trouble.

Find that gray area that still represents a good deal for you but a better deal to the seller than an all cash, quick close deal.  

There is always gray area. 

He spent some more time by going to a builder's supply store seeking after his little pet rock and yes he found the perfect rounded gray pebble that sold for a penny.

They call it the "nomenclature" say'n it's a Ford D-10 Tractor and the like, need the numbers off it, best to say it's red "n gray, and the reason ya did it, like "to better secure that promissory not made on the first day of October, 2014 (dur'n hoot'n holar days shin dig).

I did not go FHA for my second purchase because I wanted to avoid deal with MIP and refinances again, did 10% down conventional loan with LENDER PAID PMI (they raised the rate to pay the mortgage insurance ahead of time).As far as living in the unit for a certain period of time, this can be quite the gray area.  

@Nolan Gray awesome work man, we have a big advantage by finding the power of real estate at a young age and acting on it.