Back again everyone-[size=18][b]Graduated Payment MortgageInsurance (Section 245) [/b][/size]Summary:Section 245 enables a household with a limited income that is expected to rise to buy a home sooner by making mortgage payments that start small and increase gradually over time.Purpose:HUD’s Federal Housing Administration (FHA) administers mortgage insurance programs that help low- and moderate-income families become homeowners by lowering some of the initial costs of their mortgage loans.

The only thing I can suggest is to go and have a sit down with a couple of different management companies that specialize in managing vacation rentals and gather some information from them.There are a lot of vacation rentals in my area, but oddly, even though I know a lot of people active in several different areas of real estate, I don't know anyone who has vacation rentals (except for one friend with a B&B, and that's not really the same thing).The only thing I know about vacation rentals is that they are extemely management intensive and the management companies charge a substantial fee.You have turn over every week, and someone has to be there to clean, repair, asses damage, and inventory all the household items.

We went from a two income family supporting one household TO a One Income Family Supporting 2 Households AND Guess who That was?

You get the sex you want, no kids, dual income household, you're both either from venus or mars, maybe less drama and you want to screw that up with marriage?!?

You may pay all of your household bills and have a little money left over but that doesn’t mean that your mortgage or car loan was paid off.

Inflation can spur home sales because households are looking for an inflation-proof place to park their assets.But rising interest rates can also reduce consumer's home-buying power, undermining prices.

I have a full time job and provide 95% of our household income so the majority of the real estate work/classwork will have to be done outside of regular business hours (mon-fri 8-4 for me), at least for the time being. 

So Matt K if I do a flip using hard money and put my money into it but since I have none if I pull out a couple 0% first year credit cards and say I do the flip in six months (is that reasonable for a single family household?)

a home w/ FHA needs to be your primary household for 1 year.... and by that it means you have to live in it the majority of the time.

By age 16 I found myself able to handle most household repairs.