The house is a 3/1, just over 1000 square feet, and we are planning to make it a 3/2 by adding a master bathroom to the back of the house into the back yard.

For personal/family reasons, my wife and I need to move out of state sometime in the next 12 months.I’m trying to figure out what to do with this property.

Calculate how many rentals would equal the purchase price.Next, think about your personal tax situation.

Fast forward to present time, I never got to complete the house and lost over $200K on the deal. 

As a technician I am familiar with the "feast or famine" mindset, self managing & organization, and how my personal effort impacts my income.

Best decision I ever made. they went on to basically lose the portfolio as 2 steps one back.. theft  non pay trashed units.. simply not a sustainable model.I then switched to no debt A class only takes a few of those to hit that magic 10k a month NET cash flow with basically zero drama.. and only a handful of props  to manage  .. owing 50 houses has major work load if they are section 8.. 

Get pre-approved for a mortgage to know your budget and show sellers you mean business.Now comes the fun part – house hunting!

Does anyone have experiences to share investing with Michael Mathe and Little Pink Houses of America?  

Contribution - some want to provide good housing options.Most will have a combination of all these factors.QUESTIONS.What type of cash flow are you looking to generate? 

Housing is a very important bill for many families to pay, but it still comes behind food.