. $2100), I guess it may look favorable for a lender when trying to secure financing for your next property, but that's a stretch.  

All these methods have been discussed extensively here in BP.

Perform your due diligence.Best of luck,Renee

I will say that you more or less have to keep up with air B&B to keep that property cash flowing.If you intended on living in it, I would say its probably a pretty decent start.Be a little careful on that stretch, some of it is pretty good, some of it is a little sketchy.Having owned a duplex pretty close to there, I would guess (without running the numbers), that the initial return would be just so/so. 

Otherwise, you can check out "Tenant Screening: The Ultimate Guide" at https://www.biggerpockets.com/renewsblog/2013/01/2...I use TransUnion SmartMove to perform the credit and background checks. 

Just graduated from college a year ago so I'm building my savings to be able to take on some of these projects, just not there yet for some of the more extensive rehabs.

From my extensive reading this is a VERY common mistake new investors make...myself included.

Will note buyers require a significant discount to buy a performing note?

My wife Brenda and I did an extensive amount of work on our first house which turned into a huge project and found out that this is something we like to do. 

The Private Lender was comfortable with this as his loan as less that 50% LTV and he knows our past history and performance.