It included the phrase: "the enjoyment of life and liberty, with the means of acquiring and possessing property... and pursuing and obtaining happiness and safety."

Insurance is an intangible product, you don't get to test drive a life insurance policy!

Its something I never thought I could do myself, especially in this area, but with life and work pretty stable it's something that looks like it can be more of a reality as a part-time business, so I'm trying to get educated.

Seems like conventional is the way to go for my first purchase.FHAPrincipal: $400,000Interest rate: 4.25%Percent down: 2-3%Mortgage insurance: $427/month for the life of the loanConventionalPrincipal: $400,000Interest rate: 4.50%Percent down: 5%Mortgage insurance: $186/month

Sometimes, people buy an investment property and INTEND to hold it for income, but then along comes an unforeseen life changing event and, well, they have to move into that property.

These are "life events".You discover people going through these life events by interacting with people or researching public records.

Yet a real estate investor would have no problem making that come to life by securing a rental property in that state.Kudos,Mary

If it were me, I'd make it clear to the tenant that you understand the ceiling fan has "run the course of it's useable life" and ask what date might work best for tenant to allow entry for replacement.

Not just setting up the purchase and closing, it is the agreement for the life of ownership.

The Building and inspections dept will make your life miserable if you are not conforming and if you ever put a tenant in there and get caught the legal repercussions could destroy you.