One recent survey found 40% of non-homeowners said that their inability to afford a down payment was their main obstacle.

We’re young home owners and with the way the market is looking we might not be able to afford another home if we wait. 

I focus on having a rehab mindset of a working class homeowner.

With some investment programs you do not need to be a current homeowner to qualify for a loan. 

This approach allows you to manage the property closely, benefit from homeowner loan terms, and potentially increase its value with improvements before renting it out.As you transition the townhouse to a rental, ensure the rent covers all expenses and provides a profit.

Cars are covered by car insurance, not homeowner or renter policies.Tenants files a claim with their car insurance, and you don't do anything.

They rely on the home owner to do the coordinating, but they both expect submissions and approvals from each other all at the same time.

Remember many who lives in condos are home owners and have different goals.

In most cases, the city or county will issue a notice to the homeowner, requiring them to take action.

There is no paperwork on the planet where I would allow the current homeowner to live in the property after I buy it and also be renovating it.MY suggestion would be to push the closing two months until they are ready to move out, and tell them that.