SBA won't loan on the gambling income, or anything passive- your bottom needs to be in the gas station chair.SBA loan now takes LONG processing time unless you go direct.

Also claimed all the broken furniture was provided and not theirs so I got to take it all out.Occupied is a roll of the dice, a gamble you can not control.

Everyone has different perceptions for B Class and this is mine based off our market in Toledo.1) Mix of investor owned and home owners (Last few years leaning more toward home owners buying)2) Infrastructure supporting tenant and home owner demand (Car manufacturers, ProMedica hospital, Washington Local School District, Toledo University, etc...)3) Homes well kept, yards mowed, none or very few bordered up homes, cars with wheels, pride of ownership, lower crime, no riff raff roaming the streets lol4) All tenants employed and submit rent payments online.

There so many answers here I'll just drop this thought you can think about.....It all depends on how hard you want to gamble when that large insurance claim finally does happen.Lastly, you want Waivo for small damage claims not your homeowner's insurance.

@Kiersten Vogt there is 0 chance I would gamble with what around here is a $35-40k issue.

@Fabio SelmiSan Antonio, TX - Decent choice, get ahold of @Joe SAustin, TX - Too liberalKnoxville, TN - I love TN, no experience yet with Knox, but I hear good thingsEugene, OR - Way too liberalPhoenix, AZ - Not Phx itself, but one of the many cities surrounding it, either East or West Valley, best RE market in the US for years.Tucson, AZ - Ehhh, maybe....too close to the border with it being wide open and pretty liberalDenver, CO - Blue to the coreColorado Springs, CO - SameSalt Lake City, UT - Just doesn't feel right but I honestly don't knowLexington, KY - Good choice IMOJust my $0.02.... 

This piece is about 2 acres and located within the flood map border but I held onto it since we got it dirt cheap (pun intended).

Lots of political changes worldwide.   2-3 million immigrants crossed the border in the past two years.   

I don't gamble in the stock market.Isn't part of it, that you can create generational wealth by investing outside of a 401(k) into real estate and pass those houses down tax free to the next generation using the stepped up basis?

Hello,I am a new member from Vancouver, B.C. I’m looking to purchase my first investment property in San Diego, California. Currently looking for tax, accounting referrals so I can gain some more info on the process. ...