I could be short $450 for a month or two until I rent out the back unit (I have savings I could cover the rest of the mortgage with), but after the back one is rented I could have a little cash flow- at least enough to save for upcoming repairs, etc.

I will keep enough cash reserves to cover my bills for that 6 month time line, and possibly work a few long hour outages if they pop up local.I do not want to get a mortgage on it.

The duplex rent would cover bills.

Hi Shawn,Not much to be honest, just a few bucks a week which covers running costs.

It never hurts to ask the advise of a real estate attorney as well to cover yourself.

Do you have cash reserves to cover the first few months you may be Cash Flow negative?

Property is located in Florida near major city.I am able to purchase the property but I will need to a partner or investor to cover the rehab portion.

Thinking maybe having no loans is not the way to goSo is there such an animal as a cash out loan which covers a few different properties?

Not seen, above the stove is a microwave that covered the outlet the microwave needed to work.

Yes, we as Realtors in MD can cover the whole state in both commercial and residential but where do you feel most comfortable?