You would need to bring everything up to code currently and that's going to be cost prohibitive.

Next week we will close on some property (with an old house in need of fixing or tear down tbd) in Buncombe Co currently with unrestricted zoning.

You’ll need to thoughtfully evaluate the timing for flipping, renting, or bundling properties for bulk sales, all while considering current market conditions and your financial objectives.Balancing Flips vs.

In high-cost markets like Chicago, that can be tough to meet.If you're looking at a duplex, the self-sufficiency test doesn’t apply, so you’d just need to qualify based on your personal income and the rental income your lender allows.If your current lender isn’t familiar with making FHA work in your situation, it might be worth getting a second opinion from someone experienced with FHA multi-unit financing.

I currently have mine managed professionally.

Even at that price point, you may struggle to find a tenant, potentially leaving the property vacant for months.Here’s an example of a deal I’m currently working on:Purchase Price: $215,000Rehab Costs: ~$250,000ARV: ~$615,000Potential Rent: $3,600/monthUsing a $615,000 ARV and 75% LTV on the cash out refinance, with taxes and insurance, my monthly payment would be $4,267 using an 8.5% rate.

Currently, my interests are Indianapolis and Louisville (though I would welcome other suggestions). 

We live in Southwestern Ontario and currently it's a 6 hour drive to Columbus.

👋I’m currently looking to invest in a single-family home in the Dallas area with a budget of $300K.

It is not your credit score but generally better credit will result in a better score- Time at your job- Education level- time at current residenceGood Luck & feel free to PM me if you have any questions.