My only concern to look out for is that things can go 'rural' pretty quickly if you start venturing outside of town, and most lenders are going to put the brakes on financing if the appraisal lists the property as 'rural' (has to do with what they perceive as the availability of future tenants).Watertown, NY - It probably is as good as you believe, but the lending licensing is pretty tricky up there, so its just  bit more difficult to find lenders that operate up there.

A prudent investor doesn't seek quick riches through shortcuts.

Landscaping, exterior paint, and a new front door can boost value.Flooring & Paint – Fresh paint and updated flooring can modernize a space quickly and affordably.If you have specific questions, feel free to ask—I’m happy to help however I can.

The Main St property in Grainfield, KS, offered a promising opportunity due to its low purchase price and strong potential for a high return after renovations.

Please let me know if you’d be open to a quick chat

A few quick notes before I go into more detail on how I approach situations like this:- As mentioned in other replies, a 401(k) match should (almost) always be taken advantage of.

For a quick analysis, I get as close to the 1% price to rent ratio rule for cash flow in Indiana when I was doing my search and narrowing down properties.

The best option is to respond quickly and professionally in hopes that they move out.I would give the tenant two options: 1. vacate the rental in one week, leaving it in the same condition as when they moved in, and I will refund their deposit within 72 hours; or2.

Quick search "MLS Only Broker California" gives you a couple of options.

I would get a bridge loan to acquire the property if it needs to be rehabbed and/or closed quickly.