Sadly, yeah, we're dumping more in than is going to principal, so it may be time to walk and eat it.

The 6% to the realtor upon sale will eat up pretty much your whole profit after those other expenses, even in the best case $450k sale on $400k purchase.3) If you can buy that $450k house for $400k today, that means the seller couldn't sell it for $450k, so you probably won't be able to sell it for $450k in 90 days, either.

I have found that to work extremely well after the dog starts eating it's own poop.

Eat dinner and check all messages before you go to sleep.

So you're going to have to eat the fines, get proper permits and build within those restraints.

I've used UFCU in Asheville lately with great results, but they have switched to only doing 15 year terms for investors which would eat up my remaining DTI too quickly.

I am willing to make this a full-time job where I live in my property as I rehab it and I eat and breath the rehabbing process.I would love to hear your opinions and what you would do differently or what seems realistic with the number I stated.Regards,Pat

Plane tickets, hotel rooms, etc. will eat away a (relatively) large percentage of that $10K that you've saved.  

FHA is a pretty expensive loan though, you'll save on your down payment but PMI can eat up cash flow.

I have been investing for 10 yrs part time, have built up a decent portfolio of SFH, Duplexes, Fourplexes, Senior Living Complexes and a few Commercial Buildings...the returns are solid but my maintenance and repairs are eating at me - not only money wise but activity wise (calls, complaints, etc.)Up to this point, I typically hire out to local contractors (plumber and electrician) and do the light maintenance myself, when I can along with a few individuals who help with light painting, fixtures, etc.