@Joshua Dorkin We have one that looks similar to the picture posted by @Darren Sager ... though we have a storage tank {which is essentially a giant thermos bottle} before our in-line water heater/boiler because we have installed a solar thermal system in the property.

SFH, Good school district, within budget, etc).Thanks for the 'warning' on the OTC-lists.

I would essentially be the "property manager" of the tenants, however, for obvious reasons, I would not be able to respond to emergency maintenance, and I doubt tenants would appreciate their plumbing in need of repair for weeks at a time.

The lowest happens to be in a town where the schools district does not make any claim to the RTT which is done by all other school districts. 2% is most common, but then there are areas above 3% and 4% too.

My wife and I just bought a 3/2 in Woodlake (near Southpoint), but it was essentially a retail purchase.Next time, I'd like to walk into the deal with significant built-in equity.

I come from a town with only 1 school district, so it never occurred to me.

I was expecting it for be a lot more since that's what many articles claimed landlord's policy to be at least 20% more than homeowners policy, so I wonder If I am missing some essential coverage that should be included and that is why is not more expensive than my homeowners?

They essentially had to start over, if I remember correctly.In Ct, we rebuilt a small porch for a customer.

With he money from #2 and #3 above, plus the occasional small loan or gift from my parents I built this 1500 square foot home essentially by myself.

One essential element is that you need to figure out what is going on and make sure you get a non-refundable deposit if/so when they bail, or you have to evict them, you are covered.You still need to figure out why they aren't getting a mortgage and whether, given those circumstances, the lease option is still an acceptable risk for you.Finally, if you are fixing and flipping houses, the opportunity cost of having your money tied up in this house essentially for ever is very high.