I have been late on a C/C payment or three in the past but nothing major.

You may want to search posts by allcash, he uses this method with the majority of his projects.So is a nutshell, using your own cash is not a bad idea, it is an option that is not for everyone but it could be for you.

Minna thats a major problem currently with the motivated sellers I run into.

Why does a major bank hand out such high rates when I see better rates at prime or prime - everywhere?

Infrastructure spending is expected to top 5 billion over the next several years.c) Vegas has become a major destination for retirees because of no state income tax, the weather and plenty of things to spend their entertainment dollar on.

I consider it a major problem that I am paying someone to find me tenants yet I found 2 out of 3 from 1000 miles away via CraigList.

It does not sound like you have the funds to do a major rehab and it would cost some money to put in another full bath if you don't have a network of contractors and are just calling out of the book.

One major problem is that unless you want to jump through hoops, you will be inspecting it with no utilities.

The only repairs we are doing is a major complete bathroom remodel, new sheet rock, window and door in the kitchen, new heating system, and 3k in repairs done to the electric.

So far the tenants have been paying the rent, sometimes a week late and no major repair issues.