The town (pop 300) isn't nearly as cute, but area around is beautiful, and you wouldn't want to be in town, anyway.

I'm sooooo anxious to close my first deal.I did REAL good with the BPO woman.

You'll have vacancies (not everyone is willing to live with just anyone-- having a 22 year old guy living there might make a 50 year old woman not be willing to rent a room for you).

FYI, in 4 years of buying sight unseen properties, this has never happened to me.Most recently, I sent out an offer and the woman called me and asked if I saw the property.

This means no contact number for the woman renter, no emergency contacts, no copy of the credit report, no forwarding address etc.

@Mike Ware Cute house!

The deal: A woman, recently divorced, answered my marketing letter; I immediately visited with her and did my initial property walk & offer.

And stop mooching off of the woman that gave you a child, let her and that kid keep the food stamps!

The timing was perfect, since I had another bedroom to rent.A few years later, I met the perfect woman, and she and her children moved in.

I liked the house, so I reached out to my credit union.The woman who I talked to regarding the mortgage seemed to think that they would not be able to finance the home since they are only able to finance "livable" homes and they were unable to pay for the repairs.