Are you about break your little promise?

What I'm getting at is, you can break up that 250k into down payments on rental properties.

Best break-in strategy of REI in my opinion.

You'll have no mortgage, but about $100/mo in insurance, about $100/mo in property taxes, and you should set aside a $100-200/mo repair allowance, because a house at that level is going to have stuff break - much more stuff, probably, than a $100,000 house.

First off, I was a professional Architectural Colorist in Los Angeles for fifteen years, and I've done a few dozen small bungalows along the way.Here's how it works: A tiny, nondescript house is a great candidate for a bold/bright body color because there's not much square feet of it.

It's my favorite break-in strategy.

I know several others suggested different, but it would be a disservice to advise you to break the law.Here is a Connecticut landlord who was taken to court and lost:https://www.biggerpockets.com/forums/52/topics/571...

I took the night classes and studied every lunch break and every chance i could.

Is this allowed or will it break any laws I'm not aware of?

General finance bod!I