I am aiming for a home between 150-250k, which i can afford if all hell breaks loose, at a 5% conventional 30 year term loan (unless a lender or someone else can suggest me a better loan) My question is what are the minimum requirements for obtaining such a home (capital wise, credit score wise, salary wise) Who can i specifically talk to for these numbers and help me understand tenant demand, areas, and more specific information about my market?

I knew it was a way I could do deals with little to no money out of pocket so I got really good at finding motivated Sellers and getting deals under contract at good prices.

The seller was still in the house.

Yes, spring time is best for occupancy just price it to get seller credits to cover vacancy till then.

My dad is retired and his credit score isn't the greatest while my credit score really good and debt to income is pretty low right now.Mortgage Owed: 118,000Money to Seller:  75,000Est.

Keep in mind that real estate investment is a long-term commitment that demands patience, dedication, and continuous education.

What features, areas are in demand.

Now, that's not just a statistic; it's a testament to the enduring allure of Miami living.With 24.2% of purchases made in cash, it's evident that confidence in Miami's real estate market runs deep.The median time to contract and sale has quickened its pace, creating a symphony of efficiency that sellers can't help but dance to.Challenges emerge like ripples in the ocean.

Seller had boxes and debris stacked up against the wall in the basement hiding a crack that needed a costly repair.

Us being in Los Angeles I’m sure short term rentals would be in high demand, just have to find the right property that would work!