I'm glad you've had a good experience so far with your current rentals. 

@Ann Marie Folan I live in the area and am in the process of looking at picking up a second home to use as a rental property. 

If you are really unhappy about the cash out, you can take less cash out, but I don't think it's a big issue if you are cash flowing $100 - you essentially get a free rental when you get 100% of your cash back (with equity built in)

Purchase price: $210,000 Rental property in Flossmoor.

Purchase price: $55,000 Rental property in Dolton, IL.

My wife (26) and I (27) are wrapping up renovations on our first investment with plans to sell come spring or refinance to hold it as a rental.

Taylor just called to congratulate me on my first purchase and walk me through the next steps.I will update this post as the process plays out and my first rental property journey begins. 

Looking to get a second lien DSCR loan on a single family long term rental I own in Arizona.

I am looking to invest about $100,000 on a down payment for a long term rental, but running the numbers on a few different property types I just don't see how it currently pencils out to positive cash flow.

He got away easy without realizing how lucky he was.I owned several rentals back then and the business and my insurance agent thought $3 million umbrella coverage overall should be enough.