Start with BiggerPockets Ultimate Beginners Guide (free).

Start with BiggerPockets Ultimate Beginners Guide (free).

This documentation will be helpful if you ultimately decide to charge the tenant for repairs.

Ultimately, this isn’t just a moral question; it’s about ensuring clear, documented terms to avoid issues down the line.

Whether an appraiser includes basement living space ultimately depends on which state you live in.

Thanks allI think this ultimately comes down to the following: Will your return on investment be better with a new purchase than your current return on equity for that $200K?

As the bad apples make everyone look bad and be presumed guilty of malfeasance, which ultimately means less investment $$$ and longer due diligence cycles and legal costs. 

This often comes as a huge surprise very late in the process of a sale.Sure, the title company may have screwed up (they may have even listened to the borrower assuring them no, I don't have a 2nd) but ultimately the debt is for the original borrower to pay.

Ultimately, Lawton could be appealing to cash-flow-focused investors comfortable with high-risk, high-reward environments and looking to leverage a reliable rental base tied to Fort Sill.

It's very doable, every day I see and talk to people who make living doing this, but ultimately few people succeed in it (just as in ANY business out there).I wish you best of the luck.