Purchase price: $132,000 Cash invested: $32,000 Single family row home.

We're trying to determine if we should sell our current home or rent it out and what to look for in our next property in Rochester.More Info:We have a mortgage on a 3 bed/1 bath single family home that we got through an FHA loan.

You'll see they do not allow 2nd's on their regular Home Possible program (but they will allow up to a 4 unit property; perfect for house hacking), but they will allow an affordable housing second (like the ones I referenced above) on a single family property.  

GENERAL INFOThe property is:1) Out of state2) A single family buy and hold rental3) In good condition4) Occupied by a tenant5) My first investment propertyThe quotes are from:1) An insurance broker in my home state (CA) who typically uses Safeco2) An insurance broker in the property’s state (Ohio) who quoted Berkshire Hathaway Guard3) One of the big name insurance companies, located in the property’s state (Ohio)Any questions (replacement cost vs actual cash value, etc) I should be aware of and asking?

We own a condo and someone just purchased 130 units for over $9 million in a single transaction.

Check the HOA docs, if you respond with threats of litigation, I've had success getting Boards to grant a single waiver/exemption.

My mother-in-law owns her single family home outright in Hoboken NJ, bought it 30-something years ago when it was a slump town.

Water is covered by tenants on a single family. i've never seen a client pay for that so you can probably eliminate that expense.

@Bosko MijatovicIf you get a single family, consider renting it out by the room to the medical students at COMP. renting by the door will increase your cash flow.

Hi Everyone,I was recently part of a conversation about people trying to go into a deal together for a single family home.