I know they tend to look better on paper, but there's no line on Excel for the headache factor that generally comes with lower class properties.Good luck!

We will be sure to share the list of lenders we have as well that can help you accomplish your goals based on the lower down payment you are looking for. 

In general, you will want 25% of the purchase price to buy the property, but you should also maintain a reserve to deal with unforeseen expenses like vacancies, maintenance, etc.Before you even begin, I think you should focus on a little education.1.

Most properties did not have HOA fees listed.Overall, the data paints a picture of an expensive but high-demand market with established single-family homes that sell relatively quickly.

The fact that you want to use a portable dishwasher isn't really the landlord's problem, and I think their agreement to cover half the expense of updating the wiring in order to meet your needs is generous.

In another year there might be more tenant damage so you can either list the property with the tenants and get a lower price or list without tenants, get a higher price and risk losing cashflow. 

Deal #1: 70%, Deal # 2: 50%.The lender is using a line of credit at 8%, so he does have interest expense, but not passing that on to us.

There is always insurance out there....it just may be at a price that's drastically more expensive than you think you should be paying.

It can be expensive, and time consuming.

I'm based out of NH, which means most of my nearby markets tend to be quite expensive.