Purchase price: $595,000 Cash invested: $125,000 Purchased with the intent to lease to the tenant.

@Karl Kauper with a SF you can require the tenant to take care of lawn and snow, but they might not be up to your standards. 

Not saying that those are possibilities but understanding those potential outcome and doing what you can on the front end (screening + clear expectations) to avoid them.  

Quote from @Steve Lehman: @William VreelandAs a local Indy Investor and RE consultant I have been flowing the IHA development closely to see what kind of developments have been happening.

There are a few thoughts for you for what it’s worth! 

I sometimes use my HELOC or BLOC to buy a property, do some work, rent it out and then get a loan and when the balance jumps up that kicks me back into the high 700s, but it recovers quickly, even before the balance is paid off again.Just google: how to improve my fico.

What’s that saying about ASSume?

I think I am a bit technologically challenged, so trying to see what are best options if any. 

First, obviously leverage is the MVP, but this isn't my first interneting, I know controversial titles get more attention.Second, I’m a recent convert to Pocketarianism.

Down Payment: 20% of the purchase price, equal to $43,0003.