The South Florida will eventually be a retirement home and I got real lucky there so far.  

We hope to eventually have multiple properties, but want to take our time to learn and make the right decisions with our first rental.

Hey y'all, Recently purchased an abondoned car wash, converting to storage units.

Quote from @Mel Kirchhoff: Quote from @Sofia Komrskova: Have you thought about just converting it back to an unfurnished LTR?

Quote from @Jason Wray: Yes, you can use an FHA 203K program or even convert it to Fannie mae and use a renovation loan if the LTC/ARV allows.Cool thanks for the info!  

Quote from @Conte Cuttino: Property is in C+ area but in a different School district that’s B-If I sale I’ll get 30k profit after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a illegal 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.

Why it works: A well-crafted landing page can convert visitors into leads by offering immediate value in exchange for their contact info.* Automate Follow-Ups to Stay Top-of-MindMost wholesalers lose deals because they don’t follow up consistently.

I'd like to use this to make an "all-cash" offer on a SFR, and then convert that to a conventional mortgage to pay off the HELOC.  

I’m 37 and I’m wanting to do real estate full time eventually(if it takes 5-10 years, that’s fine). 

Your park name has now landed on someone's government desk and you will eventually be forced to answer a lot of uncomfortable questions.