What are your plans for the land?

11DefineConsult an interior designer12PlanCreate project plan (timelines, key dates, who to contact)13PlanCreate budget and brainstorm financing options14PlanSecure financing15BuildGet permits and licenseses16BuildGet water/electricity/power hookups set up17BuildPrepare for build (e.g. lay foundation)18BuildBuy structure19BuildBuild and remodel structure (insulation, electric, siding, etc.)20BuildBuild out interior design (e.g. paint, decorate, etc.) and buy appliances/decor21BuildBuild out lawn and landscape22BuildFinalize the exterior of the building (e.g. paint and fixtures)23MarketTake photos24MarketCreate listing25MarketCreate websiteThanks!

Spend a couple hundred dollars and have an attorney draft a f*** off letter. 

This older home has older ceiling fans in the bedrooms.I'm planning to replace all the fans with LED light but wanted to hear peoples experiences on this.My thoughts are, ceiling fans are another object in a rental that break a lot, they get dusty and gross, and these don't provide much light to the rooms.

The last thing you want to do is have a long work day and then have to spend some hours on your rental properties.Hopefully you make good money given your credentials, position and the firm you work for.I would try to make your real estate as passive as possible.Try to find a third-party firm that can do as much as possible for you.Maybe you can find the property and they can do everything else from managing the rehab, finding a tenant and managing the tenant.Best of luck.

DSR lenders have better rates.Two other challenges:1) Identifying neighborhoods to buy in and understanding what properties to buy2) Finding a PMC that can deliverIf you can navigate all of the above then yes, your plan can work.

They'll hook you up with high leverage, full term IO financing and will cover some of your planned renovation / capex costs.  

Monday (Memorial day) Tenant texts me at 8am asking what the plan is for the mailbox key saying he has a prescription coming and he really needs it.

Hi, I am planning to move to Tampa and I would appreciate some advices whether should I rent or sell my primary residency before leaving? 

I do plan to use them again.