It’s too much work.For instance, This property was bought for $5,000 (Five Thousand Dollars).Click on images to enlarge Purchase & Sale Agreement (many more examples available).This is an example of how the numbers workThere are hundreds of people doing these every day around the country.My experience is the best place to focus on these are the typical places.

He's doing something wrong.Click to enlarge"yes, I've had the due on sale clause called on me 10 times" (That is NOT something to brag about)

Poring through local municipal codes is a painstaking task and I still don't thoroughly understand it.

If the flooring is outdated, replace it with a nice tile... a simple truck to visually enlarge a smaller bath is use a large tile, 16"x16" or 24"x 24", lay them on a bias and use very tight grout lines.Now, the stairway doesn't look bad the way it is, but the baluster and railing look a little cheap, like something you might see on an outdoor deck.

How do you suggest enlarging my portfolio after I start if I'm focused on paying the property down?

Nearly the entire house is wallpapered so it will be nice to start everything fresh.2) Instead of just enlarging the 1/2 bath to make it into a full, we have enlarged both bathrooms in order to fit larger vanities in each.

The 25% "vacancy" is used to offset maintenance, fees, and vacancy.However, you cannot use the rental income from the vacating property unless it's 100 miles away minimum, or other exceptions (enlarging family size, employer-forced move, etc.) so your income would have to cover your vacating property plus the new property (minus 75% of the rented units.)

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I told the buyers the garage might not be ready in time but we would escrow funds and write it in the contract.We tore the old garage down and pored the pad.

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