Lower roof on addition is old Missing downspouts Replace back down spout Back patio is out of date and either needs replacement or recoating Pressure wash siding and paint entire house New cement walk way Landscape front and side of house Replace driveway with new black top Remove old tree out back Update old shed out back with new wood Fix wire fense Capping two outside windows.ConcernsMoisture issue and rot in crawl spaceTermite or pest inspection in craw spaceElectric heatFlow from front door to family room is odd

I am a little skeptical, but I do know that all of these tenants work long hours and odd shifts.

If you secured another cash flowing property with the equity from the first, you'd be doubling down on that bet while hedging at the same time (cash flow).Either way you win, unless you can find a better return on your investment by selling and re-investing your tax free capital gains elsewhere, OR... the US economy could collapse due to the financial ineptitude/corruption taking place w/in the beltway and it could be an all out Zombie Apocalypse headed your way!

Owner financing is the best bet(and my favorite) but if the owner owns this free and clear you will have to be agressive with a down payment.

His idea of risk was to hit the roulette table and bet black while his wife bet red.

HI Denny,5% down conventional financing is possible for owner occupied conventional 1 unit only the second you even attempt to go 2 unit you're already at 20% down payment so best bet is to buy using FHA 3.5% down on a duplex that is under market and then refinance into conventional afterwards.

So much depends upon your personal circumstances.If you are really close to broke and staying afloat by taking on more and more debt (which it sounds like you are) then probably a job, if you don't already have one, is your best bet for the time being.You have the right motivation.

And I'd bet less than 1% actually look at any demographic or economic data with the exception of the latest "Best Places to Live" article on Yahoo's homepage.Buying rentals here in California, SoCal specifically, works very well.

Hi Folks,I live in Ukiah, California, (Mendocino County) which is 2 hours north of San Francisco, one hour north of Santa Rosa. This area is infamous for being part of the "Emerald Triangle" meaning Marijuana is a sub...

There are very nice benefits for being a Pro member and even though I haven't downloaded the ebooks I bet they are content full.Guru's are all about upselling.