I feared that would be the case but such is life.

Doing some simple math, this means that on $125k your minimum W&H deductible would need to be at least 2% which coincidentally is exactly $2,500.Before I move off of the W&H deductible, I want to provide you with some real life scenario of what happened during Hurricane Ike in 2008 (after the percentage based W&H was rolled out).

Many in this class of tenant need a landlord to make up for the lack of parents in their life.  

It sounds like you've already taken the proper first steps, which are to learn as much as you can and then to define your investing strategy.Your dollar will certainly go further in the Phoenix metro area than it will in Orange County, and there are numerous 2-4 unit multi-family properties in Phoenix, Mesa, and other suburbs that are within your budget. 

My new place got a new roof last year, so it's got 24 years of life, not much per month to save for.

I've never encountered such low inventory in my life! 

Make sure your consider all opex and then create a capex schedule that will give you a rough idea of remaining life of capex and what their replacement costs will be.

Life changing.Thanks and greetings,Caleb<><

I have lived in Cincinnati my entire life and there are some places that are a little rougher than others.

No renters nothing.He just got married, mother is well life is great so he bought a new home two weeks ago.We discussed him renting out the old house.Cash out refinance.Market value is $100,000.Take $80,000 and buy another one in the same street.Questions:In Texas can you get 80% on a non-owner occupied property?