And always have the ability to fire a builder and pay out for work (which is why you don't want them to front load the contract) in case they simply aren't producing.New construction seems risky. 

You could ask that they put a year or so of savings into a separate account on which you have view access or receive a monthly statement so you can see they have the ability to pay future rent.They aren't going to last without other income or savings with income at 1.25x rent.

Enough” - “Your success as an investor will be determined by how you respond to punctuated moments of terror, not the years spend on cruise control”The Noticer: - “One way to define wisdom, is the ability to see into the future the consequences of your choices in the present.

Even though you’re paying a slight premium for the convenience, the ability to scale and the fact that the company vets the properties makes it a solid choice.

My husband on the other hand is not tied to the mortgage and has the ability to obtain a conventional lloan as a first time homebuyer.

I know it sounds like I'm splitting hairs but some banks write HELOCs in their residential department....which won't write Investment Properties.

How do you know what you're buying without the ability to see the inside let alone conduct inspections? 

However, I can refute your ability to manage a truly quality deal, in essence your experience or lack thereof. 

However, this also depends on their ability to prove your neighbor negligent, and the overall cost of the claim.

Primarily in Upstate NY and southern VT for now, but open to anywhere as I'll be using property management and I am confident in my networking abilities.