I already know there is damage on one side that needs repair and am willing to forego charging the tenants for damages if they vacate by the 20 days with no further damage from the time of the inspection.

New siding and the seller is one of my clients.

[On a side note, I'm filing a complaint with the AG, but that's not relevant to this specific post].

My goal is to live-in one side, then after the two-three year period for FHA, move out and continue to generate cash flow.

And, since home values historically increase in value (4-5%) then I’m going to gain on that side as well. 

I am definitely looking to connect and learn from someone who is making larger deals and could use some grunt work on the side. 

The best area to go into is where that area is hot. 

Terms of financing are:Purchase Price: $31,500 Down Payment: $1,575 Monthly Interest Only payments of $149.63 for 36 months Balloon of $29,925 due in 3 years(Side note: is a good deal for a buyer? 

It is surrounded by a cabinet shop on the left side, a couple commercial buildings in the back alley that are used primarily as storage for various businesses and a bar on the right side.

Another way I’ve seen landlords and homeowners prepare for the freezing temperature is installing a plumbing system that keeps the hot water flowing constantly to keep the pipes warm.