Investment Info:

Single-family residence fix & flip investment.

Purchase price: $40,000

Cash invested: $2,000

Sale price: $70,000

Bought this property from the owner who had used it as a rent...

Zero deals under my belt.Would you recommend I get an FHA loan on a new home while renting out the mobile home, or maybe stay and start looking for deals in my area (Clanton, AL)?

Also, we are in the Birmingham, AL area so if anyone on here would like to meet and discuss this in person that would be fantastic!

Tile in al my bathrooms including all shower surrounds.

Al Williamson - thanks Al.

Chris,I own SFRs in Las Vegas, Montgomery AL, and Gulfport MS (all purchased under $200K).  

@Al Williamson - I'm with you, I'm confident I'll learn more by doing than I have in the last couple of years of "learning".

Quote from @Al Smith: I am in Nashville tn an have a question on eviction filing an late rent.I have a tenant who is on a 1 yr lease with it set up to pay every 2 weeks.She again is late, last Oct i gave a 14day pay or quit so this is the 2nd , actually 3rd , time shes not paid.I gave a 7day notice to pay or quit on due date .What will i need to do if on the 7th day[ also day the 2nd payment is due] she only pays that past due  an not both past an current?

Any Renters from the Mobile, AL area

Tony, I am in Orange Beach, AL.