Purchase price: $2,500 Cash invested: $5,000 Single family House (2 stories), 3 bedrooms, 1 bath. 1100 sq ft. on Corner LotSingle car garage with 16' x 24' lean too.

A landlord policy can be a commercial policy or a personal lines policy.It's the same as asking if you should buy a single family rental or a 1 unit building.Focus on the coverages and disregard the name of the policy.

As an out of state investor, I understand that investing will be much harder as I can keep eyes on the property or even drive by to take a tour.

ThanksI've been listening to his podcast for a while already, before I even realized who he was.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

That is just not realistic.To illustrate this.. lets run this experiemtn.Imagine me giving 4000 people, that same list of 2000 contacts... what your claim then states... that pretty much 4000 people will all make a deal from 2000 leads.So 2 different people make a deal from ONE single house.So that too is proven wrong.So the way THEY told you that claim is completely wrong, and logically impossible.

Research local rental demand, especially from military and university tenants, and consider balancing your portfolio with single-family and multi-family homes.

I've done 7 myself and lived for free or better in every single one.

Why even have licenses?

It's a single family home in Overland Park, KS.