It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Jimmy,You need to show (2) years of 1099 SE income in order to use FHA, or traditional financing to get approved for a mortgage.

Things are going well so far - I am using Grant Shipman's model (LivingSmith) instead of padsplit, which works great for me.How nice are the neighborhoods you invest in? 

Have the extra cash to really enjoy getting to know Europe.  

The 2nd person really liked the house and even mentioned how nice the rehab was, relative to comparables they have seen.

It does seem like it is such a significant misrepresentation though, I wonder if getting some confirmations in writing helps.

Because sometimes posters don't like the replies they get and want to take down their post after other members have invested time in replying.Further, once you make a post here or anywhere, its there forever. 

This is not an example of "skimping" on costs to get a home ready. 2.

My first rental I asked the guy at the closing table how much he usually got for rent and he told me he could pretty reliably get 300-400.

That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.