I bet credit card issuers have that process down...I would in thier shoes.

I am probably considered conservative to want to have a certain amount in the bank rather than just betting that the new house would not have repairs.

After expenses, I bet you're making less on this home than you would if you just rented it out to a family for a set price.I just did a quick Zillow search of 5bedroom houses near the university and almost every one rented for over $2,000 a month.

If you want to do it there's no reason you can't put in a clause saying if it exceeds that amount all bet are off.

After that, your best bet is to study airbnb and vrbo.

I have lived in South Florida for quite a while (from Palm Beach Gardens, down to Homestead) so I know we have a hot market and creating opportunity is probably gonna be a better bet than banking on a turnkey deal to cashflow.I will definitely be keeping my eye on Home Path because I am beyond ready to find, fix, and rent my first deal!. 

. :)  Oh the good ole days.yup I did not realize FHA went past the SFR minimum when you buy doors.. now I know why a 4 plex in PDX does not last 2 hours and sells for what they sell for and duplex's as well.. bet a lot of them are house hacks.. but for young couples or single starting out seems like a pretty reasonable way to start when you have a good job credit but not a huge down stroke.. compared to buy a low end rental way out of state..

Win for everyone.As far as specifics on the final offer terms, if you are buying from an investor you should ask them what they are going to do with the proceeds and then see if you can offer an interest rate that is better for the investor that is also safer being backed by the property.

Although a very safe bet right now in CP, is that what you want?  

which way is the safest bet?